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Banking Awareness · Q94

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 94

Q94

Banks generally borrow funds from which of the following money markets to meet the mandatory Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements as stipulated by the Central bank?

A.
Notice Money Market
B.
Call Money Market
Answer
C.
Bill Market
D.
Money Market

Answer: Option B

Solution

Answer: Option B
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