Economics · Banking System in India
In regular practice as highlighted in standard NCERT economics, commercial banks in India typically hold around what percentage of their total deposits as cash reserves to satisfy daily cash withdrawal demands?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 15 percent
- 215 percent✓
- 320 percent
- 410 percent
Correct answer
15 percent
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