isabellavenable3 isabellavenable3
  • 18-11-2020
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Select the correct answer from each drop-down menu.
What are Reserve Banks?
Reserve Banks are
that help the
carry out its duties.


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bryanna071205
bryanna071205 bryanna071205
  • 18-11-2020
Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals. :))
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