Economics · Banking and Finance
What is meant by the financial term 'bank run'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Massive, simultaneous withdrawals by deposit holders out of panic✓
- 2The net balance of cash a bank holds at the close of operations
- 3Emergency credit lines availed by commercial banks from the RBI
- 4The ratio of a bank's total outstanding liabilities to its total deposits
Correct answer
Massive, simultaneous withdrawals by deposit holders out of panic
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