Question

Maximum limit of SLR is

A 40% Correct Answer Incorrect Answer
B 24% Correct Answer Incorrect Answer
C 25% Correct Answer Incorrect Answer
D 35% Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The liabilities that the banks are liable to pay within one month's time, due to completion of maturity period, are also considered as time liabilities. The maximum limit of SLR is  40%   and minimum limit of SLR is 0 In India, Reserve Bank of India always determines the percentage of SLR.

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