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Which of the following is correct regard...

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

A

(a)It restricts commercial bank's leverage in pumping more money into the economy

B

(b)It is miaintained only in form of cash

C

(c)It controls liquidity in banking system

D

(d)It does not ensure the solvency of commercial banks

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The correct Answer is:
A
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