Reserves of cash kept with itself by a bank to meet its payment requirements is called

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Reserves of cash kept with itself by a bank to meet its payment requirements is called
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Solution 1

The reserves of cash kept by a bank to meet its payment requirements are called "Cash Reserve Ratio" (CRR).

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  1. Banks are financial institutions that deal with large amounts of money on a daily basis. They have various liabilities and obligations, such as pro Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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