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7) What is Cash Reserve Ratio (CRR). How is it different from Statutory Liquidity Ratio. Some economists and bankers have demanded phasing out of CRR. Examine why.

Topic: Economic growth; Resource mobilization

7) What is Cash Reserve Ratio (CRR). How is it different from Statutory Liquidity Ratio. Some economists and bankers have demanded phasing out of CRR. Examine why. (200 Words)

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