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Q:

What is Cash Reserve Ratio?

A) Deposits of banks in government securities B) Rate at which banks borrow funds from the RBI
C) Deposits (as cash) which banks have to keep/maintainwith the RBI D) Rate at which RBI borrows money from the banks

Answer:   C) Deposits (as cash) which banks have to keep/maintainwith the RBI



Explanation:
Subject: General Awareness
Exam Prep: Bank Exams
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