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Sever21 [200]
3 years ago
5

Alpha Bank has been advised by the Federal Bank to maintain its prescribed cash reserve ratio. What is cash reserve ratio?

Social Studies
1 answer:
UNO [17]3 years ago
7 0

B is the correct answer.

A cash reserve ratio is the percentage of available cash on hand as compared to the deposits (Banks lend out your money) that a country's banking regulator has set for its banks.


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