The banks are required to maintain a certain ratio between their cash – McqOptions

MCQOPTIONS

1.	The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
A.	Statutory Bank Ratio (SBR)
B.	Statutory Liquid Ratio (SLR)
C.	Central Bank Reserve (CBR)
D.	Central Liquid Reserve (CLR)
Answer» C. Central Bank Reserve (CBR)

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