Which of the following is a permitted asset for Statutory Liquidity Ratio? MCQ with Answer and Explanation

Which of the following is a permitted asset for Statutory Liquidity Ratio?
A. Mutual fund units
B. Corporate bonds
C. Gold and government securities
D. Equity shares
Answer: Option C
Solution (By JKSSB Mock Tests)
SLR assets include cash, gold and approved government securities.

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Practice More Economy Set 1 Questions

Question #1
The 'Fiscal Responsibility and Budget Management Act' initially aimed to reduce fiscal deficit to what percentage of GDP by 2008-09?
A. 3%
B. 5%
C. 6%
D. 2%

Correct Answer: Option A


Explanation:
The FRBM Act initially aimed to reduce fiscal deficit to 3% of GDP by 2008-09.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Fourth Five Year Plan' period was:
A. 1966-1971
B. 1974-1979
C. 1961-1966
D. 1969-1974

Correct Answer: Option D


Explanation:
The Fourth Five Year Plan covered 1969-1974.

This question belongs to: Economy GK Economy Set 1
Question #3
The concept of 'Sudden Stop' in international finance refers to:
A. Only a stop in trade flows
B. Only a stop in domestic investment
C. An abrupt reversal of capital inflows into a country
D. A gradual reduction in capital flows

Correct Answer: Option C


Explanation:
A sudden stop is a large and abrupt reversal of capital inflows, often associated with currency crises, output collapses and balance-sheet problems in emerging markets.

This question belongs to: Economy GK Economy Set 1