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Banking Sample Paper SBI Junior Associates (Main) Sample Paper Test-3

  • question_answer
    Cash Reserve Ratio (CRR) is the percentage of cash deposits that banks need to keep with the RBI on a fortnightly basis. At the current CRR, for every Rs.100 deposited in the bank it will have what amount left to lend?

    A)  Rs.81             

    B)  Rs.92 

    C)  Rs.93.75        

    D)       Rs.94.25        

    E)  Rs.96

    Correct Answer: E

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