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?
- 40%
- 30%
- 25%
- 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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