QuestionEconomy / Monetary policy
A bank generated savings credit of ₹1,600 crore in the first round from a savings deposit of ₹2,000 crore. What is the Cash Reserve Ratio fixed by the Central Bank?
- (a) 5%
- (b) 10%
- (c) 20%
- (d) 25%
Part of VKC Basic
Read the answer and its explanation with VKC Basic
VKC Basic (₹999 for 6 months) opens every solved answer, the notes, the handbook and the daily answer archive. Every Mains test series includes it.