In the context of banking, the Statutory Liquidity Ratio (SLR) is maintained in the form of:
A. Only equity shares
B. Cash, gold and approved securities
C. Only foreign exchange
D. Only cash
Answer: Option B
Solution (By JKSSB Mock Tests)
Banks are required to maintain SLR in the form of cash, gold or unencumbered approved securities as a percentage of their Net Demand and Time Liabilities.
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