MCQOPTIONS
Saved Bookmarks
| 1. |
Statutory Liquidity Ratio (SLR) is a tool used by RBI to control the expansion of a bank's credit and inflation in the economy. Which of the following statements represents the impact on the economy in case of increased SLR?nI. Banks will have access to liquiditynII. It can stop inflationnIII. This will reduce the credit capacity of the bank |
| A. | only I |
| B. | II only |
| C. | II and III only |
| D. | I, II and III |
| Answer» D. I, II and III | |