Commerce Exam > Commerce Questions > The CRR is determined in India by:a)Ministry ...
Start Learning for Free
The CRR is determined in India by:
- a)Ministry of finance
- b)State Bank of India
- c)Reserve Bank of India
- d)Parliament
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The CRR is determined in India by:a)Ministry of financeb)State Bank of...
C: Reserve Bank of India
The cash reserve ratio (CRR) is determined by the Reserve Bank of India (RBI), which is the central bank of India. The CRR is the percentage of deposits that commercial banks are required to hold with the RBI as a reserve.
The RBI uses the CRR as a tool to regulate the supply of credit in the economy. By increasing the CRR, the RBI can reduce the amount of money that commercial banks have available to lend, which can reduce the supply of credit in the economy. By decreasing the CRR, the RBI can increase the amount of money that commercial banks have available to lend, which can increase the supply of credit in the economy.
The Ministry of Finance, State Bank of India (SBI), and Parliament are not responsible for determining the CRR in India. Only the RBI has this authority as the central bank of the country.
Free Test
FREE
| Start Free Test |
Community Answer
The CRR is determined in India by:a)Ministry of financeb)State Bank of...
C: Reserve Bank of India
The cash reserve ratio (CRR) is determined by the Reserve Bank of India (RBI), which is the central bank of India. The CRR is the percentage of deposits that commercial banks are required to hold with the RBI as a reserve.
The RBI uses the CRR as a tool to regulate the supply of credit in the economy. By increasing the CRR, the RBI can reduce the amount of money that commercial banks have available to lend, which can reduce the supply of credit in the economy. By decreasing the CRR, the RBI can increase the amount of money that commercial banks have available to lend, which can increase the supply of credit in the economy.
The Ministry of Finance, State Bank of India (SBI), and Parliament are not responsible for determining the CRR in India. Only the RBI has this authority as the central bank of the country.
|
Explore Courses for Commerce exam
|
|
Top Courses for CommerceView all
Question Description
The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer?.
The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer?.
Solutions for The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The CRR is determined in India by:a)Ministry of financeb)State Bank of Indiac)Reserve Bank of Indiad)ParliamentCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily