64 634
Assignments Done
99,2%
Successfully Done
In September 2018

Answer to Question #77318 in Other Management for supriya

Question #77318
Cash Reserve Ratio plays an Important role in the economy and RBI plays an important role in monitoring inflation through CRR .Discuss how RBI perform this critical function using CRR as an instrument.
Expert's answer
RBI controls the money supply economy that is the amount provided by the organization or the industry. It also has a task of managing the credit cost meaning as well as the economic price pay for the money borrowed. The two factors may bring about growth or inflation in an economy. Banks may invest or lend more If for instance RBI cuts CRR in the next financial policy and hence a lot of money may be released and thus spur fiscal growth.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions