if you were a bank manager,what would you do ,if all account holders like to withdraw money in a single day?
Answers
Answered by
23
Answer:
see your answer..
Explanation:
hope its helps u..
Attachments:
Answered by
1
Answer:
The bank will go bankrupt
Explanation:
The cash deposited withinside the financial institution with the aid of using every person are both invested or given as loans. So, if every person attempts to take their cash lower back on the identical time the financial institution will pass bankrupt as it would not have a lot reserve coins.
With greater human beings chickening out cash, banks will expend their coins reserves and in the end emerge as defaulting. Bank runs have came about all through records along with for the duration of the Great Depression and the 2008-09 monetary crisis.
#SPJ3
Similar questions