Question
General Knowledge Question on Money and Banking
The banks are required to maintain a certain ratio between their cash in hand and total 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
Statutory Liquid Ratio (SLR)
Explanation
Solution
The correct option is (B) :Statutory Liquid Ratio (SLR).