0
The Reserve Bank of India (Amendment) Act, 2006 was enacted in June 2006. Consequent to the enactment, the Reserve Bank, has decided to do away with the minimum requirement of 3% CRR and also to not have any maximum cap of 20% (as was the case before the Amendment).
Hence the present position is that there is no upper or lower fixed statutory limit.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Is a price floor a maximum or minimum price?
Minimum price Think floor is the bottom which is the minimum. Think ceiling is the top which is the maximum.
What is the current CRR and SLR rate for 2011?
The present rate of CRR is 6% and SLR is 24%.Thank you.
What is supplementary budget?
There is range of the Buget. Minimum and Maximum Buget.The Minimum Buget is called Supplementary budget.
In the short run if marginal product is at its maximum what happens to average cost?
it is at its minimum
How is price determined under imperfect market?
Remember under this market there's a government intervention.the Government determine the prices of the market by using the minimum(the minimum that the market can charge) and maximum wage(Maximum that the market can charge)
Minimum CRR LIMIT?
there is no minimum limit of CRR in India but the maximum limit is 15%
What ages serve in the Roman army?
There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.There was no maximum age limit in the Roman army. The minimum age limit was twenty, depending on the times, but if a fellow was satisfied with the army he could reenlist indefinitely.
What is the maximum age for joining The Initiates Program?
There is no maximum age limit for joining The Initiates Program. However the minimum age limit is 15.
What is the age limit for UPSC exam?
Minimum is 21 and maximum is 30.
What is the minimum pay for doctors and what is the maximum pay?
There is no "maximum" pay for doctors. The sky is the limit on that one - As for "minimum" pay, it all depends on what specialty the doctor has and in which region he or she is working.
What is the maximum speed limit in the state of Illinois?
There is no established minimum, only a maximum speed. The minimum speed can be set by local municipalities and must be posted by signs.
How old do you have to be to use this website?
The minimum age limit when using this website is 13 years old, there is no maximum age limit!
Is it against the law to go more than 30 in a 30 limit zone?
Yes, 30 means 30 is the maximum limit, not the minimum limit.
What is the maximum and minimum of a library in magic the gathering?
The minimum is 60, and there is no hard maximum limit, however you must be able to sufficiently shuffle it to ensure proper randomisation, in three minutes.
Can a speed limit sign have both a maximum and mininmum speed?
No, a speed limit sign typically indicates the maximum speed allowed on a particular road or highway. It does not specify a minimum speed. However, some jurisdictions may have specific laws or rules regarding minimum speeds on certain roads for safety reasons.
What is the minimum age limit prescribed for the post of the President of India?
Any citizen of 35 yrs and above can stand for presidential election in India
What is the minimum and maximum bet limit for roulette at Resorts World Sentosa casino?
Only tried 10k
