Economics · Banking and Monetary Policy
What is the term for the specified minimum percentage of net demand and time liabilities that commercial banks must maintain in the form of liquid cash, gold, or other approved securities?
- 1CLR (Central Liquid Reserve)
- 2CBR (Central Bank Reserve)
- 3SBR (Statutory Bank Ratio)
- 4SLR (Statutory Liquidity Ratio)✓
Correct answer
SLR (Statutory Liquidity Ratio)
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