Economics · Economy
Commercial banks in India are required to maintain a specified percentage of their Net Demand and Time Liabilities (NDTL) in the form of liquid cash with the Reserve Bank of India. What is this mandatory reserve requirement called?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statutory Liquidity Ratio (SLR)
- 2Reverse Repo Rate
- 3Cash Reserve Ratio (CRR)✓
- 4Repo Rate
Correct answer
Cash Reserve Ratio (CRR)
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