Banking & Finance
Quick practice
Question 1 of 5
Statement-1 Non-scheduled bank is not obliged to keep CRR with RBI.
Statement – 2 They have to follow the terms of SLR.
A
Statement-1 is correct whereas statement-2 is false.
B
Statement-1 is false while statement-2 is correct.
C
Both Statements-1 and 2 are wrong.
D
Both statements 1 and 2 are correct.
Concepts
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