A proportion of the total deposit that a commercial bank must keep as cash and...
COMMERCE
WAEC 2019
A proportion of the total deposit that a commercial bank must keep as cash and convertible paper is
- A. special deposit
- B. liquidity ratio
- C. interest rate
- D. bank rate
Correct Answer: B. liquidity ratio
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *