what is banking crisis?
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Answered by
1
Answer:
when there is
emergency of money.
Explanation:
banking banking crisis is the crisis which the bank faces aur we can say we used it as an idiom to tell about the money status we have.
in terms of English we can state that I have Bank rises means I am not having sufficient money.
in banking
you can say e that having Bank crisis means there is emergency of money all bank is not having sufficient money to be delivered
Answered by
3
Answer:
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics.
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