Question

Which one of the following with regard to the term ‘bank run’ is correct?
A) The net balance of money a bank has in its chest at the end of the day’s business B) The ratio of bank’s total deposits and total liabilities C) A panic situation when the deposit holders start withdrawing cash from the banks D) The period in which a bank creates highest credit in the market

Answer 1

Answer:

The correct answer is option (c) .