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    Question

    Which statement is

    correct?
    A CRR earns interest for banks Correct Answer Incorrect Answer
    B SLR can be held in gold, approved securities, or cash Correct Answer Incorrect Answer
    C SLR is maintained with RBI Correct Answer Incorrect Answer
    D CRR is statutory at 25% of NDTL Correct Answer Incorrect Answer
    E SLR has no prescribed maximum Correct Answer Incorrect Answer

    Solution

    β€’ SLR must be maintained in prescribed liquid assets: cash, gold, approved securities.

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