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Commerce · Q393

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 393

Q393

Bank deposit refers to

A.
the amount of money standing to the credit of a customer of a bank
B.
a term used by the federal reserve to refer to the total deposits of member banks
C.
the amount of money standing to the debit of a customer of a bank
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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