alleryBanks in India hold about what share of deposits as cash?
A45 per cent
B15 per cent
C25 per cent
D35 per cent
Answer & Solution
Correct answer: B. 15 per cent
1. Only a small proportion is held back.
2. It pays depositors who come to withdraw.
3. The figure is about 15 per cent.
_Source: syllabus Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_
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