Ms. Sakshi, an economics teacher, was explaining the concept of minimum percentage of the total deposits to be kept by any commercial bank with the Central Bank of the country, as per norms and statute prevailing in the country’.

From the following, choose the correct alternative which specifies towards the concept explained by her?

(a) Cash Reserve Ratio

(b) Repo Rate

(c) Bank Rate

(d) Statutory Liquidity Ratio

Anurag Pathak Changed status to publish January 4, 2024
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