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प्रश्न
Statement (1): SLR is determined by the central bank.
Statement (2): CRR is fixed by the commercial banks.
विकल्प
Both the statements are true.
Both the statements are false.
Statement 1 is true, Statement 2 is false.
Statement 2 is true, Statement 1 is false.
MCQ
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उत्तर
Statement 1 is true, Statement 2 is false.
Explanation:
- Statement (1): The Statutory Liquidity Ratio (SLR) is set and mandated only by the central bank (such as the RBI in India) to ensure financial stability.
- Statement (2): The Cash Reserve Ratio (CRR) is also legally determined by the central bank, rather by individual commercial banks.
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