Multiple choice general knowledge

What is the current Statutory Liquidity Ratio?

  1. 25%

  2. 12.5%

  3. 6.5%

  4. 10%
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A Correct answer
Explanation

The Statutory Liquidity Ratio (SLR) is the minimum reserve requirement that banks must maintain in the form of specified liquid assets before extending credit to customers. SLR is a monetary policy tool used by the Reserve Bank of India (RBI) to control inflation and ensure bank stability. The exact rate varies over time based on RBI policy decisions.

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