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SSC GD 2023 PYQ — Question 34

SSC GD Constable (English) - 12 Jan 2023 - Shift 3 (Set 1) • General Awareness • Q34

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Apart from the Cash Reserve Ratio, banks are also required to keep some reserves in liquid form in the short term, referred as __________

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Correct answer: C

Explanation

The correct answer is Option 3 i.e. Statutory Liquidity Ratio.

Apart from the Cash Reserve Ratio, banks are also required to keep some reserves in liquid form in the short term, referred to as the Statutory Liquidity Ratio.

  • The Statutory Liquidity Ratio (SLR) is a regulatory requirement set by the central bank that mandates financial institutions to maintain a certain percentage of their total demand and time deposits in specified liquid assets, primarily government securities.