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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

      тАв SLR must be maintained in prescribed liquid assets: cash, gold, approved securities.

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