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.