Which of the following is(are) correct?

In SLR, the commercial bank keep the minimum percentage of deposit with itself

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

In SLR, the commercial bank keep the minimum percentage of deposit with the central bank

No worries! We‘ve got your back. Try BYJU‘S free classes today!

CRR the commercial bank keeps the minimum percentage of deposits with the central bank

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

CRR the commercial bank keeps the minimum percentage of deposits with itself

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct options are
A
In SLR, the commercial bank keep the minimum percentage of deposit with itself

C
CRR the commercial bank keeps the minimum percentage of deposits with the central bank

Statutory liquidity ratio (SLR) is the minimum percentage of deposits to be kept by the commercial bank with itself. Cash Reserve Ratio (CRR) is the minimum percentage of deposit to be kept by the commercial bank with the central bank.

Suggest Corrections

Similar questions

C s C l

B F_{3}

{sin}^{2} x + sin x = (a + 2)

∣ ∣ x - 2 e^{ln 3} ∣ ∣ + ∣ ∣ x + 2 e^{ln 3} ∣ ∣ = 12.

3 \times 3

M

N

NOT

Join BYJU'S Learning Program