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Business, 13.12.2019 05:31 aziah86

The basic purpose of imposing legal reserve requirements on commercial banks is to: a. assure the liquidity of commercial banks b. provide a device through which the credit-creating activities of banks can be controlled c. provide a proper ratio between earning and no earning bank assets d. provide the central banks with necessary working capital

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The basic purpose of imposing legal reserve requirements on commercial banks is to: a. assure the l...
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