RBI and Its Policies · UPSC CDS/OTA · Question 17 of 30

RBI and Its Policies – Question 17

Step-by-step solution. RBI and Its Policies for UPSC CDS/OTA.

Topic
RBI and Its Policies
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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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
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RBI and Its Policies Question 17 – UPSC CDS/OTA