Sail E0 Webinar
Question
In India, operative cash reserves are known as:
Options:
A .  CRR
B .  SLR
C .  Vault cash
D .  None of these
Answer: Option C
:
C
Vault cash refers to the cash reserves held by the bank itself, over and above the mandated CRR amount.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers