A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

Pradeep Sikarwar • 9.01K Points
Tutor III Economic

Q. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

(A) Bank rate
(B) Statutory Liquidity Ratio (SLR)
(C) Cash Reserve Ratio (CRR)
(D) Mandatory deposit

Correct Answer - Option(C)

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