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Q:

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

  • 1
    Only (A)
  • 2
    Only (B)
  • 3
    Only (C)
  • 4
    Only (A) and (B)
  • 5
    Only (B) and (C)
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Answer : 3. "Only (C)"

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