Detailed explanation and options for the selected question.
What is “CRR” in banking terminology?
A.
Cash Reserve Ratio
B.
Credit Risk Ratio
C.
Capital Retention Ratio
D.
Customer Retention Ratio
Explanation:
CRR stands for Cash Reserve Ratio, which is the percentage of deposits that banks are required to keep as reserves with the central bank. The other terms are unrelated.
Related Topics
Foreign Trade Agreements and India’s Export Competitiveness