Get Started
586

Q:

According to banking regulation act RBI can fix SLR up to the limit of:-

  • 1
    40%
  • 2
    50%
  • 3
    60%
  • 4
    75%
  • Show Answer
  • Workspace

Answer : 1. "40%"
Explanation :

RBI has kept 40% as the maximum limit for SLR. SLR is calculated as a percentage of all the deposits held by the bank. Another way to define the SLR meaning is the ratio of a bank's liquid assets to its net demand and time liabilities. (NDTL).


Previous Next
Banks Gk Account and Finance Questions

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today