Under Statutory liquidity ratio, commercial banks are required to keep a fraction of __________ in form of liquid assets.
- A.Current deposits
- B.Total demand and term deposits
- C.Term deposits
- D.Saving deposits
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The Statutory Liquidity Ratio, or SLR, is the share of a bank's net demand and time liabilities, that is, all its demand deposits and term deposits taken together, that it must hold in liquid assets such as cash, gold or approved government securities.
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