question_answer

RBI has reduce by one percentage point the Statutory Liquidity Ratio required to be maintained by banks to 23%. In what form is this stipulation reacquired to be fulfilled?

A)  Banks are required to keep the amount in approved government securities of    the appropriate value

B)  The amount to be maintained in cash and securities with RBI

C)  The required amount is to be maintained in gold with RBI

D)  All of the above

E)  None of these