Module: | Priority Sector, Consumer Protection & Digital Lending
Q61: Which of the following items is NOT included in the calculation of NDTL for the purpose of CRR/SLR maintenance?
✅ Correct Answer: C
The correct answer is C. The NDTL strictly represents the liabilities of a bank primarily towards the public.
Specific institutional borrowings are explicitly excluded from NDTL calculations to avoid taxing structural support systems.
Refinance obtained from apex institutions such as the RBI, NABARD, National Housing Bank (NHB), SIDBI, and the Exim Bank are completely excluded from NDTL.
Therefore, banks do not have to maintain CRR or SLR on these specific refinance funds.
Option A (Savings Bank Deposits) and Option B (Recurring Deposits) are classic examples of time and demand liabilities owed to the public and must be included.
Option D (Margin money on letters of credit) is also considered a demand liability to the customer and must be strictly included in the NDTL base.
Specific institutional borrowings are explicitly excluded from NDTL calculations to avoid taxing structural support systems.
Refinance obtained from apex institutions such as the RBI, NABARD, National Housing Bank (NHB), SIDBI, and the Exim Bank are completely excluded from NDTL.
Therefore, banks do not have to maintain CRR or SLR on these specific refinance funds.
Option A (Savings Bank Deposits) and Option B (Recurring Deposits) are classic examples of time and demand liabilities owed to the public and must be included.
Option D (Margin money on letters of credit) is also considered a demand liability to the customer and must be strictly included in the NDTL base.