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What is the current Statutory Liquidity Ratio (SLR)?

1. 18%
2. 18.75%
3. 19.50%
4. 20%

Correct answer: 19.50%

Solution

The Statutory Liquidity Ratio (SLR) is the percentage of deposits that commercial banks must maintain as liquid assets. RBI kept SLR at 19.50% during the relevant exam period.

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