question_answer

Banks need liquidity to meet which of the following objectives of banking?    [Allahabad Bank 2011]

(1) To meet deposit withdrawal

(2) To fund loan demands

(3) To maintain public confidence

A)  Only (1)                       

B)  Only (2)

C)  Only (3)                       

D)  Only (1) & (2)

E)  None of these