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CBSE Class 12-commerce Answered

Please give 5 points of difference between SLR and CRR .   I HAVE  POSTED THIS QUESTION BEFORE AS WELL BUT I GOT ONLY ONE POINT OF DIFFERENCE AS THE ANSWER .. PLEASE TRY TO GIVE ME FIVE POINTS OF DIFFERENCE BECAUSE THIS QUESTION CAME IN MY SCHOOL PRELIMS . 
Asked by anujbajpai44 | 30 Dec, 2018, 12:14: PM
answered-by-expert Expert Answer

Cash Reserve Ratio

Statutory Liquidity Ratio

 

Minimum percentage of net demand and time liabilities maintained in the form of cash

Minimum percentage of net demand and time liabilities maintained in the form of liquid assets

 

Controls excess money circulation in the economy

Assists in any providing unexpected demand of the depositor by selling the bonds

Regulates the liquidity of the economy

Regulates the credit growth of the economy

Available in the form of cash

Available in the form of cash, gold and other securities

Maintained with the central bank

Maintained by themselves as directed by RBI

Answered by Tharageswari S | 02 Jan, 2019, 09:34: AM
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