Which one of the following depicts the main purpose of creating-17803
Which one of the following depicts the main purpose of creating the reserves?
This multiple choice question (MCQ) is related to the book/course vu mgt604 Management of Financial Institutions. It can also be found in vu mgt604 Mid Term - Quiz No.2.
Which one of the following depicts the main purpose of creating the reserves?
To cover the deficiencies in banks of accounts
To meet the personal needs
To use as cash in hand
To fall back upon from contingent situations