Multiple choice

Which of the following represents the Cash Reserve Ratio (CRR) at present?

  1. 4%

  2. 4.5%

  3. 5%

  4. 5.5%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Cash Reserve Ratio (CRR) is a dynamic monetary policy tool. At the time this question was written, the CRR was 5 percent.

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