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The Statutory Liquidity Ratio (SLR) is a prudential measure under which (as per the Banking Regulations Act 1949) all Scheduled Commercial Banks in India must maintain an amount in one of the following forms as a percentage of their total Demand and Time Liabilities (DTL) / Net DTL (NDTL); · Cash. · Gold; or · Investments in un-encumbered Instruments that include; (a) Treasury-Bills of the Government of India. (b) Dated securities including those issued by the Government of India from time to time under the market borrowings programme and the Market Stabilization Scheme (MSS). (c) State Development Loans (SDLs) issued by State Governments under their market borrowings programme. (d) Other instruments as notified by the RBI. SLR is also a tool for controlling liquidity in the domestic market via manipulating bank credit. A rise in SLR locks up increasing portion of a bank’s assets in the above three categories and may squeeze out bank credit.
In which year New India Assurance Co Ltd nationalized?
Life Insurance Corporation of India provides its policy holders the facility to deposit premium at which of the following intervals?
A policy that covers damage to neon signs is:
What is the minimum group size in Micro Insurance Schemes?
In respect of Life insurance and individual Health insurance policies, a free look cancellation period of ____days has been provided to provide sufficie...
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A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is:
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