MCQOPTIONS
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| 1. |
The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called |
| A. | Statutory bank ratio (sbr) |
| B. | Statutory liquid ratio (slr) |
| C. | Central bank reserve (cbr) |
| D. | Central liquid reserve (clr) |
| Answer» C. Central bank reserve (cbr) | |