Q1. In the Indian financial system, the full form of SLR is:
A Statutory Liquidity Ratio Correct
B State Liquidity Rate
C State Lenient Rate
D Statutory Low Ratio
Explanation
In the Indian financial system, SLR stands for Statutory Liquidity Ratio. It is the share of a bank's net demand and time liabilities that must be kept in approved liquid assets such as cash, gold or government securities. State Liquidity Rate sounds financial but is not the standard banking term. State Lenient Rate has no accepted meaning in monetary regulation. Statutory Low Ratio uses one correct word but does not describe the regulatory liquidity requirement.