In context of indiqn economy what is the purpose of statutort rrserve rewuirement upsc
Answers
Answered by
0
Explanation:
- Proer knowledge
- Talent and hardwork
Answered by
0
(i) Statutory Liquidity Ratio is maintained in order to control the expansion of Bank Credit. By changing the level of Statutory Liquidity Ratio, Reserve bank of India can increase or decrease bank credit expansion. (ii) Statutory Liquidity Ratio in a way ensures the solvency of commercial banks
Similar questions