Consider the following statements with regard to Statutory Liquidity Ratio (SLR) 1. To meet SLR, Commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the bank?s leverage in pumping more money into the economy Which of the statements given above is/are correct?

Consider the following statements with regard to Statutory Liquidity R

1.	Consider the following statements with regard to Statutory Liquidity Ratio (SLR) 1. To meet SLR, Commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the bank?s leverage in pumping more money into the economy Which of the statements given above is/are correct?
A.	1, 2 and 3
B.	1 and 3
C.	2 and 3
D.	only 2
Answer» D. only 2

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