New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    In banking, what does SLBC stands

    for?
    A State Level Bankers Committee Correct Answer Incorrect Answer
    B Statutory Liquid Balance Cash Correct Answer Incorrect Answer
    C Special Large Bankers Credit Correct Answer Incorrect Answer
    D Special Legal Bank Council Correct Answer Incorrect Answer
    E Statutory Legal Balance Credit Correct Answer Incorrect Answer

    Solution

    The State Level Bankers’ Committee (SLBC) has been constituted in April 1977, as an apex inter-institutional forum to create adequate coordination machinery in all States, on a uniform basis for development of the State. SLBC is Chaired by the Chairman & Managing Director (CMD) of the convenor bank/Executive Director of the convenor bank. It comprises representatives of commercial banks, RRBs, State Cooperative Banks, RBI, NABARD, heads of Government departments, etc.

    Practice Next