Q: The banks are required to maintain a certain ratio between their cash in hand and total assets. This ratio is known as:
(a)Cash Reserve Ratio (CRR)
(b)Statutory Liquidity Ratio (SLR)
(c)Central Bank Reserve (CBR)
(d)Statutory Bank Ratio (SBR)
Correct Answer: (b)
The correct answer is (c) 'Central Bank Reserve (CBR)'. This question from the Quantitative Aptitude & Data Interpretation domain tests knowledge of Numerical Ability.