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Question

Statutory Liquidity Ratio (SLR) refer to the __________________________.

A
Percentage of secret reserves which acts as a cushion for nationalized banks.
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B
Percentage of reserve banks are required to park with RBI approved instruments
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C
Ratio between current account and fixed account deposits of banks
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D
Percentage of reserve banks are required to utilize only for forex transactions.
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E
Percentage of reserves meant for priority sector lending.
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