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
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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