Home › ICSE Class 10 › Social Science › c10moneycredit › Banks in India hold about what share of deposits…
Banks 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: NCERT Class 10 Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_
Related questions
Banks lend to poor women in SHGs even though they have no:Interest charged by a Self Help Group is compared with that of the:Self Help Groups are formed particularly among rural:A typical Self Help Group has how many members?What share of rich urban households' loans is from informal sources?What share of loans to poor urban households comes from informal sources?Who supervises the credit activities of informal lenders?Who supervises the functioning of formal sources of loans?