Statement (1): SLR is determined by the central bank. Statement (… - Vidyadip

MCQ

Statement (1): SLR is determined by the central bank.
Statement (2): CRR is fixed by the commercial banks.

A
Both the statements are true
B
Both the statements are false
✓
Statement 1 is true, Statement 2 is false.
D
Statement 2 is true, Statement 1 is false.

✓

Answer

Correct option: C.

Statement 1 is true, Statement 2 is false.

C

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