As per the news published in major newspapers, the Reserve Bank of India (RBI) raised Statutory Liquidity Ratio (SLR) by 100 basis points to 25%. What was/were the reason(s) owing to which RBI raised the SLR? [Indian Bank 2010] [a] It will help in reducing liquidity in the market. [b] Inflation will come down substantially. [c] It will facilitate companies to launch their IPOs as the financial climate will become conducive for the same.

• A.  Only [a]
• B.  Only [b]
• C.  Only [a] & [b]
• D.  Only [b] & [c]
• E.  All [a], [b] & [c]