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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