CUET Preparation Today
Which of the following "Reserves" is kept with the "Commercial banks"? |
Maximum Reserve Ratio Cash Reserve Ratio Statutory Liquidity Ratio Merchandise Reserve Ratio |
Statutory Liquidity Ratio |
SLR i.e. Statutory Liquidity Ratio 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 i.e. Cash Reserve Ratio is required to be deposited with RBI. |
