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Banking Awareness · Q5

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 5

Q5

Minimum cash reserves fixed by law constitute ___

A.
A percentage of aggregate deposits of the bank
Answer
B.
A percentage of aggregate loans and advances of the bank
C.
A percentage of capital & reserves of the bank
D.
None of these

Answer: Option A

Solution

Answer: Option A
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