Economics · Banking and Monetary Policy
Commercial banks in India are required to maintain a specified minimum proportion of their net demand and time liabilities in liquid assets such as cash, gold, or approved securities. This reserve ratio is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Central Liquidity Reserve
- 2Statutory Liquidity Ratio✓
- 3Cash Reserve Ratio
- 4Central Bank Reserve
Correct answer
Statutory Liquidity Ratio
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