Economics · Banking and Monetary Policy
What is Statutory Liquidity Ratio (SLR)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The percentage of total deposits that a commercial bank must maintain with itself in the form of cash, gold, or government-approved securities.✓
- 2The interest rate at which commercial banks borrow money from the Central Bank.
- 3The minimum interest rate at which commercial banks are permitted to lend to consumers.
- 4The exchange rate at which one currency is traded for another in the foreign exchange market.
Correct answer
The percentage of total deposits that a commercial bank must maintain with itself in the form of cash, gold, or government-approved securities.
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