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Q. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

  • (A) Bank rate
  • (B) Statutory Liquidity Ratio (SLR)
  • (C) Cash Reserve Ratio (CRR)
  • (D) Mandatory deposit
  • Correct Answer - Option(C)
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