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Monetary Policy

Quick practice

Question 1 of 5

Consider the following statements regarding the State Development Loans (SDL):

1. These are Government Securities (G-Sec) issued by State governments in India.

2. These are eligible for meeting the Statutory Liquidity Ratio (SLR) requirements of banks.

Which of the statements given above is/are correct?

A

Both 1 and 2

B

2 only

C

Neither 1 nor 2

D

1 only

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