The ratio of money held by the public in

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

The ratio of money held by the public in currency to that held as deposits in commercial banks is called :

Options:

Currency Deposit Ratio

Cash Reserve Ratio

Statutory Liquid Ratio

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Correct Answer:

Currency Deposit Ratio

Explanation:

The correct answer is option (1) : Currency Deposit Ratio