Solved Question
This question was previously asked in:
JPSC GS Paper 1 Test 15 • JPSC GS Paper 1 Test 15
What does the 'Cash Reserve Ratio' (CRR) used by the Reserve Bank of India (RBI) mean?
Answer (Detailed Solution Below)
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Option 2 : The portion of the total deposits (NDTL) of commercial banks that they are mandated to keep in cash with the RBI. (Option B)
📌 Key Points & Important Facts:
The correct answer is Option 2: The portion of the total deposits (NDTL) of commercial banks that they are mandated to keep in cash with the RBI..
This question is part of the official syllabus for JPSC GS Paper 1 Test 15 under JPSC Prelims 2027. Practicing questions with authentic patterns and time limits ensures superior accuracy, speed, and confidence during actual government examinations.
Exam PaperJPSC GS Paper 1 Test 15
SectionJPSC GS Paper 1 Test 15
Total Marks200 Marks
Negative MarkingNONE Marks
Duration120 Mins