BANK SBI Clerk Mock Test Series 2025 (Pre + Mains) Current Affairs Business and Economy Banking Affairs
What is the purpose of the Reserve Bank of India (RBI) imposing an incremental Cash Reserve Ratio (CRR) on banks during periods of excess liquidity?
1
To increase the money supply in the economy
2
To help banks earn higher interest income
3
To absorb excess liquidity in the banking system
4
More than one of the above
5
None of the above