As a practice, all banks now deduct some amount from their pre-tax income and set aside in a separate account to create

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Q 1548101003.     As a practice, all banks now deduct some amount from their pre-tax income and set aside in a separate account to create a cushion for the loans which may go bad. This is called ............. .?



A

CRR

B

SLR

C

Provisioning

D

PLR

E

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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