1-39 In most countries,cash is required to be held in reserve against deposits.

Name: 1-39 In most countries,cash is required to be held in reserve against deposits.
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Most countries have reserve requirements, which means that financial institutions must keep a certain percentage of their deposits in cash or other liquid assets. This is done to ensure that banks have enough funds to meet the demands of their customers and to prevent bank runs.

1-39 in Most Countries,cash Is Required to Be Held in Reserve