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  • SNAP GK Test - 2 (Year 2014)
  • SLR is that proportion of a bank’s Net Demand and Time Li...
Multiple choice

SLR is that proportion of a bank’s Net Demand and Time Liabilities (NDTL) which it has to maintain as investments in certain specified assets. What is the maximum limit to which RBI can raise the SLR?

  1. 40%

  2. 100%

  3. 50%

  4. 33%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Correct answer is (1). 

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