The Cash Reserve Ratio refers to – McqOptions

MCQOPTIONS

1.	The Cash Reserve Ratio refers to
A.	the share of Net Demand and Time Liabilities that banks have to hold as liquid assets
B.	the share of Net Demand and Time Liabilities that banks have to hold as balances with the RBI
C.	the share of Net Demand and Time Liabilities that banks have to hold as part of their cash reserves
D.	the ratio of cash holding to reserves of banks
Answer» C. the share of Net Demand and Time Liabilities that banks have to hold as part of their cash reserves

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