statutory liquidity ratio
/ˌstætʃətri lɪˈkwɪdəti reɪʃiəʊ/noun
उच्चारण स्टैचट्री लिक्विडटी रेशिओ
सांविधिक तरलता अनुपात
Advanced word
- 1
[C, usually singular] finance
the minimum share of its deposits that a bank must keep in the form of cash, gold or approved government securities
सांविधिक तरलता अनुपात
- The central bank cut the statutory liquidity ratio to free more funds for lending.
- Banks hold government bonds to meet the statutory liquidity ratio.
?Which word?
Do not confuse the statutory liquidity ratio (kept by the bank itself in cash, gold or approved securities) and the cash reserve ratio (kept only as cash with the Reserve Bank of India).
Statutory liquidity ratio (जिसे बैंक स्वयं नकद, सोने या स्वीकृत प्रतिभूतियों के रूप में रखता है) और cash reserve ratio (जिसे केवल नकद के रूप में Reserve Bank of India के पास रखा जाता है) में भ्रमित न हों।
✓In the exam
General knowledge
In India, the statutory liquidity ratio is maintained under Section 24 of the Banking Regulation Act, 1949.
भारत में statutory liquidity ratio, Banking Regulation Act, 1949 की Section 24 के अंतर्गत रखा जाता है।