Economy, asked by vatsalgoyal6824, 1 year ago

What would happen if all the depositors went to bank at the same time to withdraw cash?

Answers

Answered by garima68
1
it may lead to situation of inflationary pressure on d economy...nd thereby d govt have to take some fiscal nd monetary steps in order to correct d excess demand of people in respect to taxation...public expenditure...public borrowing....bank rate...open marlet operation...CRR...
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