What is the full form of "SLR"?
A. Statutory Liquidity Ratio
B. Standard Liquidity Rate
C. Stable Landing Rate
D. Simple Lending Ratio
Answer: Option A
Solution(By Examveda Team)
Statutory Liquidity Ratio or SLR is a minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold or other securities. It is basically the reserve requirement that banks are expected to keep before offering credit to customers.This Question Belongs to Abbreviations >> Banking Abbreviations
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