Banking Exams General & Banking Awareness — Question 1376

Question

What is the maximum Statutory Liquidity Ratio (SLR) that RBI can prescribe under the Banking Regulation Act?

  1. 40%
  2. 30%
  3. 25%
  4. 50%

Correct answer

A — 40%

Explanation (English)

Under the Banking Regulation Act, the SLR can be set at a maximum of 40%.

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