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GK MCQs Section
Q. What is the full form of SLR in Indian banking regulations?
Answer: Statutory Liquidity Ratio
Notes: The Statutory Liquidity Ratio (SLR) is the minimum percentage of Net Demand and Time Liabilities that banks in India must maintain in liquid assets like cash, gold, or government securities. The Reserve Bank of India regulates the SLR, which is currently set at 18% from April 2020. SLR helps in ensuring liquidity and solvency in the banking sector.
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