Question

What is the present Statutory Liquidity ratio (SLR) of the RBI?

A 19% Correct Answer Incorrect Answer
B 17.5% Correct Answer Incorrect Answer
C 18% Correct Answer Incorrect Answer
D 18.4% Correct Answer Incorrect Answer
E 19.3% Correct Answer Incorrect Answer

Solution

According to the RBI policies the SLR Rate is 18.00% and the CRR is 4.00%. SLR refers to the minimum reserve requirement that needs to be maintained by commercial banks in the nation.

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