Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Which of the following reserves is kept with the commercial banks?

Options:

Statutory Liquidity Ratio

Cash Reserve Ratio

Minimum Reserve Ratio

Monetary Reserve Ratio

Correct Answer:

Statutory Liquidity Ratio

Explanation:

 SLR is the minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold or other securities. It is kept with the commercial bank itself. Whereas, CRR is required to be deposited with RBI.