state gov Maharashtra Zilla Parishad Jr. Assistant, Steno & Ringman Mock Test 2023 General Knowledge Economy Money and Banking
Which of the following is correct regarding the Cash Reserve Ratio (CRR)?
1
It helps in regulating liquidity in market.
2
Banks are not allowed to use the money reserved as CRR.
3
RBI decreases CRR to increase money supply in market
4
More than one of the above
5
None of the above