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Social Studies, 30.06.2019 16:00 SpiritedAway7087

Alpha bank has been advised by the federal bank to maintain its prescribed cash reserve ratio. what is cash reserve ratio? a. ratio of cash to loans disbursed by commercial banks b. amount of money that a bank needs to maintain as a proportion of deposits c. amount of money that a customer needs to maintain as a minimum balance d. ratio of amount deposited to the interest received by the customer

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