MCQOPTIONS
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| 1. |
The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called: [IAS 1998] |
| A. | SBRC (Statutory Bank Ratio) |
| B. | SLR (Statutory Liquid Ratio) |
| C. | CBR (Central Bank Reserve) |
| D. | CLR (Central Liquid Reserve) |
| Answer» C. CBR (Central Bank Reserve) | |