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What is the purpose of requiring banks to keep a specific percentage of their deposits in hand in the vault?
To make sure customers' demands for withdrawals can be met instantly
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What is the purpose of requiring banks to keep a specific percentage of their deposits on hand in the vault?
To make sure customers' demands for withdrawals can be met instantly
What is the purpose of requiring banks to keep a specific percentage of their deposits on a hand in the vault?
To make sure customers' demands for withdrawals can be met instantly
What is the purpose the reserve requirement?
It protects public deposits.
What is a thrift deposit?
An organization formed for the purpose of holding deposits for individuals; examples include savings banks and savings and loans.
What is the purpose of banks?
Purpose of bankswhat is Bank:A Bank is a financial institution which is involved in borrowing and lending money. Banks take customer deposits in return for an annual interest payment. The bank then use the majority of these deposits to lend to other customers for a variety of loans.Following are main purpose of banks:Accepting DepositsAdvancing LoansDiscounting the bills of exchangeProvide Cheap Medium of ExchangeSafe Money TransferBill PaymentsLocker ServicesInvestmentsWork by:Mamoon Aslammamon_aslam@yahoo.com03024890894
What is the purpose of requiring banks to keep a specific percentage of their deposits on hand in the vault?
To make sure customers' demands for withdrawals can be met instantly
What is the purpose of requiring banks to keep a specific percentage of their deposits on a hand in the vault?
To make sure customers' demands for withdrawals can be met instantly
What is the purpose of reserve requirements?
It protects public deposits.
What is the purpose the reserve requirement?
It protects public deposits.
What is the difference between a grant and a gift in terms of financial assistance or support?
A grant is typically given for a specific purpose or project, often requiring a proposal and reporting on how the funds were used. A gift is usually given without any specific requirements or expectations for how it is used.
What is the purpose of requiring registration papers on trucks at all times?
At least one quart capacity.
The largest percentage of the federal government dollar goes for?
The largest percentage of the federal government dollar goes to pay for military needs. These numbers are greatly increased on the specific moneys allocated for this purpose when there are war efforts taking place.
What is the difference between the general purpose and the specific purpose of a speech?
The general purpose is the overall intent of your speech. The specific purpose is a goal stated in a complete sentence. Overall, the general purpose and specific purpose are different because they both mean different things. The specific purpose is just really a goal stated in your sentence and the general purpose is just the purpose of your speech.GENERAL PURPOSE: purpose of your speech.SPECIFIC PURPOSE: the goal or the main idea in your speech.
What is the purpose of multiplying a decimal by 100?
To convert it to a percentage
What is the specific purpose of TEM?
The specific purpose is to be able to see very small details of specimen's.
How do you convert plain flour into all-purpose?
In most cases plain flour is identical to all-purpose flour. All-purpose flour may be used to bake bread or pastries, whereas pastry flour has a low percentage of gluten and bread flour has a high percentage of gluten. Plain, or all-purpose flour has a medium percentage of gluten.
What is a thrift deposit?
An organization formed for the purpose of holding deposits for individuals; examples include savings banks and savings and loans.
