value based ques. ------How will the flow of funds in the money market increase , if crr is phased out by the central bank ?

Credit multiplier = 1/CRR

That means credit multiplier is inversely related to CRR. The money supply in the economy  increases by the amount (times) of credit multiplier. When the CRR is phased out (decreased) by the central bank, the value of credit multiplier increases therefore, increasing the flow of money in the market.