SLR stands for Statutory Liquidity Ratio. It is a monetary policy tool used by the Reserve Bank of India.
The full form of 'SLR' popularly used in banking sector is
Asked in Economic Investigator(EI) 2018 · Topic: Money & Banking (Monetary Policy: Objectives, Instruments (quantitative and qualitative), and Transmission Mechanism)
More Economic Development questions
- An expansionary monetary policy to overcome a depression or deflationary gap the Central Bank uses - (1) Purchases Government Securities in open market. (2) Increases the reserve requirements of member Banks. (3) Increases the Bank rate. (4) Sales of Government Securities in open market.
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