Economics · Monetary Policy
Statutory Liquidity Ratio (SLR) differs from Cash Reserve Ratio (CRR) primarily because SLR funds are maintained by commercial banks in the form of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Foreign currency reserves
- 2Deposits with other commercial banks
- 3Gold and government-approved securities with themselves✓
- 4Cash with the RBI only
Correct answer
Gold and government-approved securities with themselves
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