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Ratios and OMO

Which among t...

Question

Which among the following institutions have to maintain SLR?

A

Scheduled Commercial Banks

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B

Urban Co-operative Banks

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C

State and Central Co-operative Banks

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D

All of the above

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Solution

The correct option is D
All of the above

All the given options have to maintain SLR.

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1. Co-operative Banks are registered under Companies Act, 1956
2. Rural Co-operative credit institutions could either be short-term or long-term in nature
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