A bank is required maintain a 'Cash Reserve' as per banking law: What type of uses of

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A bank is required maintain a 'Cash Reserve' as per banking law:

What type of uses of funds the cash will be?

How cash will have used by the bank?

Explain any TWO types of Corporate/Business loans and advances provided by the banks in your own way.

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 19, 2023 02:26 AM

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A bank is required maintain a 'Cash Reserve' as per banking law: What type of uses of

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The cash reserve requirement is a percentage of a banks deposits that must be held in cash usually d... View the full answer

Income Tax Fundamentals 2013

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