StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

The present Statutory Liquidity Ratio rate is -

  1. 18.50%
  2. 21%
  3. 22.50%
  4. 18%

Correct answer: 18.50%

Solution

Statutory Liquidity Ratio (SLR) is the minimum percentage of NDTL that banks must maintain in the form of liquid assets. In standard IBPS awareness questions, the present SLR rate is taken as 18.50%.

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