The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called
Options
(a)SBR (Statutory Bank Ratio)
(b)SLR (Statutory Liquid Ratio)
(c)CBR (Central Bank Reserve)
(d)CLR (Central Liquid Reserve)
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Class 12Money and Banking— NCERT Economics, Chapter 3. Money is the commonly accepted medium of exchange that removes barter's need for a double coincidence of wants; it is also a unit of account and a store of value.…
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