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The Central Bank & Monetary Policy · Question 28 of 58

Question 28

MediumOriginal question

Read the two statements and choose the correct option.

I. CRR balances are kept with the RBI.

II. SLR assets are kept with the RBI.

Options for question 28

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. CRR = cash with the RBI. I is true.

  2. SLR assets (cash, gold, government securities) stay with the bank. II is false.

Concept
CRR and SLR
Typical time
70 s
Your time
—
The rule this testsCRR and SLR
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