The part of LRR kept by the banks themselves is called ........

The part of LRR kept by the banks themselves is called:

SLR

CRR

Reserve Repo Rate

None of the above

- SLR (Statutory Liquidity Ratio):

- It's a percentage of net demand and time liabilities that banks must have in liquid cash, gold, or government-approved securities.

- It is retained by the bank itself and not with the central bank.

- Correct Answer

- CRR (Cash Reserve Ratio):

- This is a percentage of a bank's total deposits that must be kept as a reserve with the central bank.

- It's not something the banks keep by themselves.

- Reverse Repo Rate:

- It is the rate at which the central bank borrows money from the banks.

- It isn't a part of the LRR.

- None of the above:

- This option is not applicable as SLR is the correct answer.

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