Question Details

Detailed explanation and options for the selected question.

What does the term "SLR" signify in banking?

A. Statutory Liquidity Ratio
B. Special Lending Rate
C. Savings Loan Rate
D. Secure Lending Ratio

Explanation:

SLR stands for Statutory Liquidity Ratio, the minimum percentage of net demand and time liabilities that banks must maintain in the form of liquid assets. The other terms are not accurate representations of SLR.