wiz-icon
MyQuestionIcon
MyQuestionIcon
12
You visited us 12 times! Enjoying our articles? Unlock Full Access!
Question

_________ refers to that portion of total deposits which a commercial bank has to keep with itself in the form of liquid assets.

A
CRR
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
SLR
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Bank rate
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Repo rate
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B SLR
Statutory Liquidity Ratio (SLR) refers to that portion of total deposits of a commercial bank which it has to keep with itself in the form of liquid assets. These liquid assets refers to certain securities/instruments that are held by banks as stipulated by the Central Bank.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Determinants of Money Supply
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon