RBI directs banks to maintain 100% incremental CRR. Which of the follo – McqOptions

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1.	RBI directs banks to maintain 100% incremental CRR. Which of the following facts about CRR is true?
A.	CRR is the portion of deposits that banks are required to keep with the RBI.
B.	At present it is 4 per cent.
C.	(1) and (2) both
D.	neither of the above
Answer» D. neither of the above

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