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Economics · 2024 · 1 mark
CBSE 2024 · Region 2 · Set 1 · Q9
Identify the incorrect statement with reference to Cash Reserve Ratio (CRR):
Identify the incorrect statement with reference to Cash Reserve Ratio (CRR) :
Official answer
(C)
It is not binding on the commercial banks.
Marking-scheme solution
(C)
It is not binding on the commercial banks.
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CBSE Class 12 Economics past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.