The correct option is C Statutory Liquidity RatioSLR which stands for #160;Statutory Liquidity Ratio refers to liquid assets i.e. cash that the commercial ba ...

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Standard XII

Accountancy

Trade Payables Turnover Ratio

SLR stands fo...

Question

SLR stands for ________.

Short Liquid Rupee

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Statutory Liquidity Ratio

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Statutory Liquid Rupee

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Satutory Long Run

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Solution

The correct option is C Statutory Liquidity Ratio
SLR which stands for Statutory Liquidity Ratio refers to liquid assets i.e. cash that the commercial banks must hold with themselves on daily basis as a portion of their total deposits.
SLR is determined by the central bank and is a legal requirement to be fulfilled by the commercial banks.

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