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Question
One of the most important quantitative tools of credit control is _______.
One of the most important quantitative tools of credit control is _______.
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Solution
The correct option is B statutory liquidity ratio
SLR (Statutory Liquidity Ratio) is the reserve
requirement given by the Reserve Bank of India that the commercial banks in
India are required to maintain in the form of cash, gold reserves, government
approved securities before providing credit to the customers.
If the SLR is increased by the
RBI, it will reduce the money supply in the economy and vice versa.
SLR (Statutory Liquidity Ratio) is the reserve requirement given by the Reserve Bank of India that the commercial banks in India are required to maintain in the form of cash, gold reserves, government approved securities before providing credit to the customers.
If the SLR is increased by the RBI, it will reduce the money supply in the economy and vice versa.
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