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Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    These are the reserves that are held by Commercial Banks over and above the statutory minimum with the central bank. [SBI 2014]

    A)  Excess reserves          

    B)  Cash reserves

    C)  Deposit reserves         

    D)  Momentary reserves

    E)  None of these

    Correct Answer: B

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