Question
Economics Question on Public Economics
Statutory Liquidity Ratio is
A
Compulsory reserve that the central bank of the country must maintain
B
Obligatory reserve that commercial bank must maintain
C
Regulates the liquidity of the cash in the country
D
None of the above
Answer
Regulates the liquidity of the cash in the country
Explanation
Solution
The correct option is (C): Regulates the liquidity of the cash in the country