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Commerce Banking And Financial Institutions Difficulty: Medium

Which of the following statements are correct in context of Statutory Liquidity Ratio (SLR)? 1. SLR consists of a certain percentage of liquid assets of NDTL. 2. Liquid assets for the purpose are those assets that one can easily convert into cash, gold, treasury bills, govt-approved securities, government bonds, and cash reserves. 3. SLR includes securities, eligible under Market Stabilization Schemes and those under the Market Borrowing Programmes. 4. The limit of SLR set is 0 to 40% of NDTL.

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