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Answer : 1. "40%"
According to banking regulation act RBI can fix SLR up to the limit of:-
5Q:
According to banking regulation act RBI can fix SLR up to the limit of:-
- 140%true
- 250%false
- 360%false
- 475%false
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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).