Categories: Commerce WAEC

A proportion of the total deposit that a commercial bank must keep as cash and convertible paper is?
A proportion of the total deposit that a commercial bank must keep as cash and convertible paper is?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:

Option B = liquidity ratio

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