crr and SLR

What is the Current Cash Reserve Ratio of India

• 4%

• 5%

• 3%

• 3.75%

select the statement which is true in case of SLR

• It is a loan taken by RBI from banks

• It is a liquidity ratio which has to be maintained by banks to avoid insolvency

• It is fixed by banks

SLR stands for _________

• States liquidity ratio

• Statutory Liquidity Ratio

• Statutory Load ratio

How much is the current SLR % in India

• 18%

• 18.75%

• 18.25%

• 18.5%

to maintain CRR and SLR is not compulsory for commercial banks and Private banks.

• True

• False

CRR helps in controlling_______

• Excessive money flow in the economy

• Inflation

• Credit growth in the economy

• both A and B

CRR should be maintained by

(a)  

SLR should be maintained by (a)  

Banks earn Interest on CRR. state true or false

• True

• False

banks get interest on SLR.

• true

• false