Practicing Success
The ratio of total deposits that a commercial bank has to keep with RBI is called : |
Cash Reserve ratio Statutory liquidity Ratio Deposit ratio Margin ratio |
Cash Reserve ratio |
The correct answer is option (1) : Cash Reserve ratio The ratio of total deposits that a commercial bank has to keep with the Reserve Bank of India (RBI) is called the Cash Reserve Ratio (CRR). Statutory Liquidity Ratio (SLR) : SLR is the percentage of a bank's total deposit that it has to maintain in the form of liquid assets, such as cash, gold reserves, and government-approved securities. It is a way to ensure the liquidity and solvency of the bank. |