GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The SLR and non-SLR securities of the banks are classified into 3 categories. Which of these is not part of those 3 categories?
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monthly
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quarterly
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half-yearly
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yearly
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Explanation:
Detailed explanation-1: -The eligible assets for SLR mainly include cash, gold and approved securities by the RBI. Most banks keep the SLR in the form of government approved securities specifically – central government bonds and treasury bills as they give a reasonable return.
Detailed explanation-2: -SLR Formula SLR = (liquid assets / (demand + time liabilities)) * 100%.
There is 1 question to complete.