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Home Interview Accounting and Finance Comments

  • Question
  • What is CRR rate?


  • Correct Answer
  • CRR or Cash Reverse Ratio is the amount of money that a commercial bank has to keep with the Reserve Bank of India If the bank increase CRR then the amount with RBI comes down and vice-versa 


  • Accounting and Finance problems


    Search Results


    • 1. What have you learned from your studies that can be applied to a career in investment banking?
    • Discuss
    • 2. What is the difference between cheque and Demand Draft?
    • Discuss
    • 3. The journal entry to record a credit sale is

    • Options
    • A. Accounts Receivable
    • B. Accounts Payable
    • C. Both A & B
    • D. None of the above
    • Discuss
    • 4. What are the Golden Rules Of Accounting ?
    • Discuss
    • 5. Is it possible for a company to show positive cash flows but be in grave trouble ?
    • Discuss
    • 6. What is ?Bill Discount? ?
    • Discuss
    • 7. Most modern Banking Systems are based on

    • Options
    • A. commodity money
    • B. 100 percent reserves
    • C. fractional reserves
    • D. money of intrinsic value
    • Discuss
    • 8. Define Budgetary Control ?
    • Discuss
    • 9. In which year, the first bank of India "Bank of Hindustan" was established ?

    • Options
    • A. 1677
    • B. 1770
    • C. 1796
    • D. 1831
    • Discuss
    • 10. As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio between authorized, subscribed and paid-up capital of a banking company should be

    • Options
    • A. 2 : 2 : 1
    • B. 4 : 2 : 1
    • C. 2 : 1 : 4
    • D. 1 : 1 : 1
    • Discuss


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