Economics · Monetary Policy
What is Cash Reserve Ratio?
- 1Percentage of deposits that a central bank must keep as cash reserves with the bank
- 2Percentage of deposits that a central bank must keep as cash reserves with the government
- 3Percentage of deposits that a bank must keep as cash reserves with any bank
- 4Percentage of deposits that a bank must keep as cash reserves with the central bank✓
Correct answer
Percentage of deposits that a bank must keep as cash reserves with the central bank
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