The banks keep the Cash Reserve Ratio in the form of __:

The banks keep the Cash Reserve Ratio in the form of __:
[A]Government Securities
[B]Cash in Hand
[C]Deposits in RBI
[D]Cash and Government Securities in hand

Deposits in RBI
Cash Reserve Ratio is the amount of mandatory funds that commercial banks have to keep with RBI. It is always fixed as a percentage of total demand and time liabilities.

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This question "The banks keep the Cash Reserve Ratio in the form of __:" was published on GKToday on May 18, 2015 at 1:13 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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