Multiple choice

In India, the RBI has mandated the banks to hold 24% of their net demand and time liabilities (NDTL) in a liquid portfolio under the statutory liquidity ratio (SLR) regime. What are the benefits of this system ? A) It provided strength to the financial system. B) It increases flow of credit to productive sectors. C) It provides growth to Indian economy.
Which of the above statements is/are correct?

  1. All A, B and C

  2. Only B and C

  3. Only A and B

  4. Only A

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NDTL has provided strength to the financial system. So this is correct choice.

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