Question
The percentage of demand deposits which the commercial banks are legally required to maintain as their liquid assets is called:
Answer: Option C
:
C
Statutory Liquidity Ratio (SLR) is the percentage of demand deposits which the commercial banks are legally required to maintain as their liquid assets.
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:
C
Statutory Liquidity Ratio (SLR) is the percentage of demand deposits which the commercial banks are legally required to maintain as their liquid assets.
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