Economics · Monetary Policy and RBI Instruments
Consider the following statements regarding the Statutory Liquidity Ratio (SLR): 1) It is a percentage of a commercial bank's Net Demand and Time Liabilities (NDTL) maintained in liquid assets. 2) It helps the central bank control credit expansion and liquidity. 3) The RBI sets and adjusts the SLR at its discretion. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 21, 2, and 3✓
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- 41 and 2 only
Correct answer
1, 2, and 3
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