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A bank has liquid assets of 270 and demand plus time liabilities of 1,500. What is its SLR?

A15 percent
B16 percent
C20 percent
D18 percent
Answer & Solution
Correct answer: D. 18 percent
SLR is liquid assets divided by demand plus time liabilities, so 270 / 1,500 x 100 gives 18 percent.
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