Question

The reserves held by commercial banks over and above the statutory minimum, with the rbi are called

Answer 1

The reserves held by commercial banks over and above the statutory minimum, with the rbi are called  Excess reserves

Explanation:

At the end of every day banks have to keep the reserves equal to certain  percentage of their loans to adjust risks. If banks has more deposits, having profits or get loans money back, have sold stocks, borrowed money then banks could have more reserves than minimum requirements imposed on bank.

Answer 2

"The stores held by business banks well beyond the statutory least, with the rbi are called  Excess saves

Clarification:

Toward the finish of consistently banks need to keep the stores equivalent to certain  percentage of their advances to change dangers. In the event that banks has more stores, having benefits or get advances cash back, have sold stocks, obtained cash at that point banks could have a bigger number of stores than least necessities forced on bank."