Economics · Monetary Policy
Commercial banks are required to maintain a certain specified percentage of their total net demand and time liabilities (NDTL) in the form of liquid assets like cash, gold, or unencumbered government securities. This ratio is known as:
- 1Statutory Bank Ratio (SBR)
- 2Central Bank Reserve Ratio (CBRR)
- 3Statutory Liquidity Ratio (SLR)✓
- 4Cash Reserve Ratio (CRR)
Correct answer
Statutory Liquidity Ratio (SLR)
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