The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called

a) SBR (Statutory bank Ratio)

b) SLR (Statutory Liquid Ratio)

c) CBR (Central Bank Reserve)

d) CLR (Central Liquid Reserve)

SLR refers to a designated minimum proportion of its total assets to be maintained by the commercial banks in liquid assets such as gold, cash and unencumbered approved securities.