Regional rural banks must hold their entire SLR in:
- Approved securitisation
- Approved securities
- Approved subsidiaries
- Approved settlements
Show answer and solution
Correct answer: B. Approved securities
1. The requirement dates from April 2002.
2. It covers the whole of their SLR holding.
3. It must sit in Government and other approved securities.
_Source: RBI, FAQs on the Government Securities Market in India_