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Banks need liquidity to meet which of the following objectives of banking?
A. To meet deposit withdrawal
B. To fund loan demands
C. To maintain public confidence
5Q:
Banks need liquidity to meet which of the following objectives of banking?
A. To meet deposit withdrawal
B. To fund loan demands
C. To maintain public confidence
- 1Only (A)false
- 2Only (B)false
- 3Only (C)true
- 4Only (A) and (B)false
- 5Only (B) and (C)false
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