Economy, asked by parasshukla05, 7 months ago

What would happen if all the depositors went to ask for the money at the same time?(Class10)
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Answered by vaishnavi2003gupta
1

Answer:

If all the depositors would go to banks and withdraw their money at the same time, then there will be a huge cash crisis in the banks as they will run our of money. They will not be able to give loan to markets and several companies. ... Bank cash reserve ratio will also decrease drastically.

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Answered by s1238abhijeet6152
0

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