Question
Economics Question on Macroeconomics
The ratio that the banks are required to maintain between their liquid assets and total deposits are called -
A
CRR (Cash Reserve Ratio)
B
SLR (Statutory Liquid Ratio)
C
CAR (Capital Adequacy Ratio)
D
None of the above
Answer
SLR (Statutory Liquid Ratio)
Explanation
Solution
The correct option is (B): SLR (Statutory Liquid Ratio)