As per the news published in major newspapers, the Reserve Bank of India (RBI) raised Statutory Liquidity Ratio (SLR) by 100 basis points to 25%. What was/were the reason(s) owing to which RBI raised the SLR? (1) It will help in reducing liquidity in the market. (2) Inflation will come down substantially. (3) It will facilitate companies to launch their IPOs as the financial climate will become conducive for the same.



[ A ]    Only (1)
[ B ]    All (1), (2) & (3)
[ C ]    Only (2)
[ D ]    Only (2) & (3)
[ E ]    Only (1) & (2) right
Answer : Option E
Explanation :
500
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