The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
A
Statutory Bank Ratio (SBR)
B
Statutory Liquid Ratio (SLR)
C
Central Bank Reserve (CBR)
D
Central Liquid Reserve (CLR)
Correct Answer: Statutory Liquid Ratio (SLR)
The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called Statutory Liquid Ratio (SLR).