kevinbaldridge7314 kevinbaldridge7314
  • 11-10-2017
  • Business
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The quantity of reserves that banks must hold against deposits is called

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Erudite1
Erudite1 Erudite1
  • 18-10-2017
The quantity of reserves that banks must hold against deposit is called RESERVE REQUIREMENT. 
Reserve requirement is a central bank regulation which set the minimum amount of reserve that must be held by commercial banks against specified deposit liabilities.
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