alleryThe Statutory Liquidity Ratio (SLR) refers to reserves that banks must keep:
Ain liquid form as required by statute
Bas their guaranteed profit
Cas the repo rate fixed by RBI
Das currency issued to the public
Answer & Solution
Correct answer: A. in liquid form as required by statute
SLR is the portion of deposits banks must hold in liquid assets as required by statute, separate from the CRR.
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