Directions How to Answer

Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Economics: All Topics Practice MCQ

Question Statement:

The Government of India made it obligatory on the part of all commercial banks that they should give some cash amount while purchasing Government bonds. What would you call this?

Statutory Liquidity Ratio

Cash Reserve Ratio

Minimum Reserve Ratio

Floating Reserve Ratio

Explanation:

Correct Answer: A

Sol. Statutory liquidity ratio (SLR) is the Indian government term for the reserve requirement that the commercial banks in India are required to maintain in the form of cash, gold, government approved securities before providing credit to the customers.

Question: 6 Test: 3 of 5 Next Test

Tests

You are taking Aptitude Test No. 3

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 6 and Test Number 3 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: The Government of India made it obligatory on the part of all commercial banks that they should giv .... with options: Statutory Liquidity Ratio, Cash Reserve Ratio, Minimum Reserve Ratio, Floating Reserve Ratio can be solved with the concepts and understanding of Economics.