Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:
Every bank is required to maintain a fixed percentage of its assets in the form of cash or other liquid assets, it is called _________
Which of the following options suits best in the above blank?
Options:
cash reserve ratio
statutory liquidity ratio
bank rate
margin requirement
Correct Answer:
statutory liquidity ratio
Explanation:
SLR is required by every bank.