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
2
Answer:
Explanation: Most of the cash on hand is delivered to the Federal Reserve Bank, which is the bank's bank. ... If everyone withdrew their money from banks, there would be some serious fallout. In addition to not having enough cash to cover the deposits, banks would be forced to call in all outstanding loans.
Answered by
1
Answer:
close the bank is the answer
Similar questions
Math,
18 days ago
Science,
18 days ago
Math,
18 days ago
Social Sciences,
1 month ago
Physics,
1 month ago
Hindi,
9 months ago
Social Sciences,
9 months ago