The minimum percentage of deposits held by a commercial bank in gold, cash, and other assets is called _____.

Cash Reserve Ratio

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Statutory Liquidity Ratio

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Repo Rate

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Reverse Repo Rate

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Solution

The correct option is B Statutory Liquidity Ratio
Statutory Liquidity Ratio

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Similar questions

The percentage of demand deposits which the commercial banks are legally required to maintain as their liquid assets is called:

The system followed by banks wherein they keep a percentage of deposits as cash with themselves is called:

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