Banking & Finance
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
1 only
B
Both 1 and 2
C
2 only
D
Neither 1 nor 2
Concepts
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