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PNB LBO Practice Questions - Punjab National Bank Local Bank Officer Exam

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Under Section 24 of the Banking Regulation Act, 1949, commercial banks in India are required to maintain a certain percentage of their Net Demand and Time Liabilities (NDTL) in the form of liquid assets like cash, gold, or unencumbered government securities. What is this ratio called?
Correct Answer:
Statutory Liquidity Ratio (SLR)

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