Question

    What does ‘C’ in LCR stand

    for?
    A Current Correct Answer Incorrect Answer
    B Capital Correct Answer Incorrect Answer
    C Coverage Correct Answer Incorrect Answer
    D Central Correct Answer Incorrect Answer
    E Commercial Correct Answer Incorrect Answer

    Solution

    Liquidity Coverage Ratio (LCR) is aimed to ensure short term liquidity of a bank Here, banks must have high quality liquid assets (HQLA) to survive an acute stress scenario lasting for 30 days LCR should be 100% or more

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