A) Cash
B) Currency
C) Credit
D) Commercial
E) Capital
Correct Answer: A
Solution :
CRR stands for Cash Reserve Ratio. It is the amount of funds that the banks have to keep with the RBI. If the central bank decides to in- crease the CRR, the available amount with the banks comes down. The RBI uses the CRR to drain out excessive money from the system.
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