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SSC CHSL 2022 PYQ — Question 49

SSC CHSL - 3 June 2022 - Shift 1 • General Awareness • Q49

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In India, CRR is fixed by _______________.

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Correct answer: C

Explanation

The correct answer is option 3 i.e. Reserve Bank of India.

  • In India, CRR is fixed by Reserve Bank of India.
  • Cash Reserve Ratio (CRR) is the amount of funds that banks have to maintain with the Reserve Bank of India (RBI) at all times.