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Why is RBI Discontinuing Incremental Cash Reserve Ratio? | Analysis: I-CRR Effects On Economy | UPSC

🟢 Economy - Few Minutes Series by Sleepy Classes - Keeping you apprised of essential Economy topics, selected by our highly esteemed faculty, to keep your Economy preparation top notch for UPSC CSE 2024. ➡️ Boost Your Preparation with the FREE PYQ Compilation PDF of All Subjects: https://sleepyclasses.com/gs-solved-p... 🔵To download the PDF, Join our Telegram Group: https://bit.ly/SleepyTelegram 🔵 To join our Free initiative, click on the link given below: https://bit.ly/FewMins2023 ⭐INSTALMENTS PLANS AVAILABLE ! ⭐ 🔵 Want to start your preparation with us, join our courses: 🔵 Join PRAHAAR for UPPCS 2024, Now With Instalments Plans! Link – https://courses.sleepyclasses.com/lea... ➡️ General Studies Mentorship Batch-6 for 2024 –https://courses.sleepyclasses.com/lea... ➡️ General Studies with Evaluation Batch-6 for 2024 – https://courses.sleepyclasses.com/lea... ➡️ General Studies Without Evaluation Batch-6 for 2024 – https://courses.sleepyclasses.com/lea... 📚Check out all our courses: https://bit.ly/SleepyClasses 🔔 Subscribe to our other YouTube channels: Sleepy Classes Govt. Jobs:    / @supersleepyclasses   🔹 Follow Sleepy Classes on other platforms: Instagram - https://bit.ly/SleepyInsta Facebook - https://bit.ly/SleepyFacebook ✅ Download the Sleepy Classes app to learn on the go: 📱Android: https://bit.ly/SleepyAppAndroid 📱iOS: https://bit.ly/SleepyAppiOS 00:00 Introduction 00:49 RBI to Discontinue I-CRR: What does it mean? 01:59 What is Cash Reserve Ratio? 04:17 What is Incremental Cash Reserve Ratio? 06:01 Why was I-CRR Needed? 05:04 Previous Year Questions