Stockstudy8-RSP
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Word of the day
Cash Reserve Ratio


CRR is the minimum amount that a commercial bank (like SBI, HDFC, PNB) has to keep with the central bank.
The CRR rate is fixed by the RBI.
Example: say CRR is 8%, and a customer deposits Rs 100, then the bank is supposed to keep Rs 8 with the RBI, and the rest Rs 92 can be kept with the bank.
CRR is a tool used by the RBI to control the money supply in the economy.
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Word of the day
Freak Trade


A freak trade is an unusual stock market transaction.
The price of the stock suddenly goes much higher or lower due to a mistake.
The mistake can include a very large buyer or seller entering the wrong price at which he/she wants to buy or sell a stock.
It can also include technical glitches due to which an order gets placed.