Under Statutory liquidity ratio, commercial banks are required to keep a…
2023
Under Statutory liquidity ratio, commercial banks are required to keep a fraction of_________ in form of liquid assets.
Answer: B. total demand and time liabilities — Under SLR, commercial banks must keep a specified fraction of their net demand and time liabilities in approved liquid assets.
- A.
current deposits
- B.
total demand and time liabilities
- C.
term deposits
- D.
saving deposits
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Correct answer: B
Under SLR, commercial banks must keep a specified fraction of their net demand and time liabilities in approved liquid assets.
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