MCQOPTIONS
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| 1. |
Which out of the following is/are correct regarding Statutory Liquidity Ratio (SLR)? a) Section 42 of RBI Act, 1934 lays foundation for maintaining SLR by scheduled commercial bank with RBI. b) Section 24 of the Banking Regulations Act, 1949 provide powers to RBI to specify SLR on banks c) At present SLR is 19.50 per cent of NDTL d) Qualified liquid assets for purpose of SLR are: unencumbered government and other approved securities, gold, cash and excess CRR balance Select the correct answer from following options: |
| A. | Only a, b and c |
| B. | Only b, c and d |
| C. | Only a, c and d |
| D. | All are correct |
| Answer» C. Only a, c and d | |