Solved UPSC CDS/OTA Question
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Q · RBI and Its PoliciesMedium · 45s
Which of the following statements is/are correct? 1. CRR is maintained in cash with the RBI. 2. SLR can be maintained in the form of cash, gold, or approved securities.
TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
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Both statements are true as per RBI norms and regulations under the Banking Regulation Act.
Final Answer: Option C - Both 1 and 2