Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1494)
1494.
What is the current CRR fixed by the RBI?
Answer: Option
Explanation:
RBI has the power to determine the lending capacity of the banks in India through CRR. They will increase CRR if they want to reduce the amount that the banks can lend and vice versa. The current CRR is 4% p.a.
Discussion:
1 comments Page 1 of 1.
Gujji Kishore said:
6 years ago
What is CRR?
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