Question

Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is knows as – 

A CRR Correct Answer Incorrect Answer
B Fixed Asset Correct Answer Incorrect Answer
C SLR Correct Answer Incorrect Answer
D PLR Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is C

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