What was the change in the Cash Reserve Ratio (CRR)

Q: Answer-What was the change in the Cash Reserve Ratio (CRR) announced by the RBI, and what is its new value?

The RBI reduced the Cash Reserve Ratio CRR by 50 basis points, bringing it down from 4.5 to 4. The CRR refers to the portion of bank deposits that banks must hold as reserves with the RBI. This reduction aims to improve liquidity and support economic growth amid slowing GDP expansion.

announced by the RBI, and what is its new value?

A Reduced by 50 basis points to 4% Correct Answer Incorrect Answer

B Increased by 50 basis points to 4.5% Correct Answer Incorrect Answer

C Reduced by 25 basis points to 3.75% Correct Answer Incorrect Answer

D Increased by 25 basis points to 4.25% Correct Answer Incorrect Answer

E Reduced by 100 basis points to 3% Correct Answer Incorrect Answer

Solution

The RBI reduced the Cash Reserve Ratio (CRR) by 50 basis points, bringing it down from 4.5% to 4%. The CRR refers to the portion of bank deposits that banks must hold as reserves with the RBI. This reduction aims to improve liquidity and support economic growth amid slowing GDP expansion.

Practice Next

More Beepedia Questions

काम करने (1 ) नाम ही (2 ) की शक्ति का(3 ) साहस है। (4 ) इसका सही व...
निम्नलिखित में से Eligibility norms शब्द का वित्तीय शब्दावली में सह�...
कौन-सा शब्द शुद्ध नहीं है?
किस विकल्प के शब्द का संधि-विच्छेद असंगत है ?
इनमें से कौन-सा आकारांत स्त्रीलिंग शब्द है?
कर्म वाच्य क्रिया के उस विधान को कहते हैं जिसमें क्रिया का...
निम्नलिखित में से कौनसी लोकोक्ति लाक्षणिक अर्थ सहित सही �...
'समीर' पर्यायवाची शब्द है:
'मैं चला हूँ।' वाक्य में कौन सा काल है?
' माँ ' शब्द का तत्सम है __________

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question