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Commerce · Q315

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 315

Q315

Banks in India are required to maintain a portion of their demand and time liabilities with the RBI but no interest is paid on that amount. This portion is called:

A.
statutory liquidity ratio
B.
cash reserve ratio
Answer
C.
reserve repo
D.
government securities

Answer: Option B

Solution

Answer: Option B
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