Primary reserves for a bank consist of all of the following items except one. Which one is excluded from primary reserves?

Name: Primary reserves for a bank consist of all of the following items except one. Which one is excluded from primary reserves?
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Question

Quizplus · Accepted Answer

Primary reserves include highly liquid assets such as cash in the vault, deposits at the Federal Reserve, and deposits held in other commercial banks. Municipal bonds, being less liquid and more of an investment, are not considered primary reserves.

Primary Reserves for a Bank Consist of All of the Following