In the context of banking, SLR stands for: MCQ with Answer and Explanation

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In the context of banking, SLR stands for:

A. Statutory Liquidity Ratio

B. Statutory Lending Ratio

C. Scheduled Liquidity Ratio

D. Standard Liquidity Ratio

Answer: Option A

Solution (By JKSSB Mock Tests)

Statutory Liquidity Ratio is the percentage of deposits that commercial banks are required to maintain in the form of liquid assets such as cash, gold or approved securities.

This question belongs to: Economy GK Economy Set 1

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The 'Bombay Stock Exchange' is the oldest stock exchange in Asia and was established in:

A. 1900

B. 1875

C. 1850

D. 1947

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Correct Answer: Option B

Explanation:
BSE was established in 1875.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'National Investment and Manufacturing Zones' are part of which policy?

A. Skill India

B. National Manufacturing Policy

C. Startup India

D. Digital India

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Correct Answer: Option B

Explanation:
National Investment and Manufacturing Zones are part of the National Manufacturing Policy.

This question belongs to: Economy GK Economy Set 1

Question #3

Cost-push inflation is primarily caused by:

A. increase in imports

B. excessive consumer demand

C. rise in input costs such as wages and raw materials

D. reduction in taxes

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Correct Answer: Option C

Explanation:
Cost-push inflation arises from an increase in the cost of production.

This question belongs to: Economy GK Economy Set 1

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