Multiple Choice Questions on Present Statutory Liquidity Ratio SLR is ........ for SEBI Grade A ( Officer) Exam Preparation

Banking Regulation Act

Professional Legal Knowledge SEBI Grade A ( Officer) Exam

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Study Notes

    Present Statutory Liquidity Ratio (SLR) is:

    12%

    Incorrect Answer

    15%

    Incorrect Answer

    18%

    Correct Answer

    30%

    Incorrect Answer
    Explanation:

    Statutory Liquidity Ratio popularly called SLR is the minimum percentage of deposits that the commercial bank maintains through gold, cash and other securities. However, these deposits are maintained by the banks themselves and not with the RBI or Reserve Bank of India.


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