2. What percent of their
deposits do banks hold as cash
? *
(a) 50 percent
(b) 80 percent
(c) 15 percent
(d) 60 percent
Answers
Answered by
1
Answer:
60 percentage in bank hold as cash
Answered by
1
Answer:
(c) 15 percent
Explanation:
Banks in India these days hold about 15 percent of their deposits as cash, as a provision to pay the depositors who might come to withdraw money from the bank on any given day.
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