Social Sciences, asked by abbasist3583, 1 month ago

If you were a bank manager what would you do if all account holders like to with draw money in a single day

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Answered by ravinderbhardwaj5431
0

Answer:

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

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