Question
Which of the following statements is/are TRUE with respect to the Statutory Liquidity Ratio ? I.The SLR was prescribed by Section 24 (2
- A of Banking Regulation Act, 1949. II.It represents a portion of the Net Time and Demand Liabilities (NTD
- L of commercial banks that they must keep in the form of approved assets like gold, cash, government securities, or other RBI-sanctioned securities. III.To control the inflation, i.e., by decreasing the SLR percentage, the inflation in the country can be brought under control.
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