[amp_mcq option1=”Customer” option2=”Cash” option3=”Commission” option4=”Credit” correct=”option3″]
The correct answer is Cash.
CRR stands for Cash Reserve Ratio. It is the minimum amount of cash that banks are required to hold in their vaults or with the central bank. The CRR is set by the central bank and is used to control the money supply in the economy.
A customer is a person or organization that buys goods or services from a business.
A commission is a fee paid to an agent or broker for their services.
Credit is a loan that is given to a borrower by a lender.