Which of the following is correct regarding the Statutory Liquidity ra

1.	Which of the following is correct regarding the Statutory Liquidity ratio (SLR)? (IBPS 2014)
A.	It restricts commercial bank's leverage in pumping more money into the economy
B.	It is maintained only in form of cash
C.	It controls liquidity in banking system
D.	It does not ensure the solvency of commercial banks
E.	None of these
Answer» B. It is maintained only in form of cash

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Which of the following is correct regarding the Statutory Liquidity ratio (SLR)? (IBPS 2014)

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