Banking System and Capital Market Questions and Answers for Competitive Exams

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the-reserves-held-by-commercial-banks-over-and-above-the-statutory-minimum-with-the-rbi-are-called

The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

A Cash reserves

B Deposit reserves

C Excess reserves

D Momentary reserves

Answer & Explanation
Answer: Option [C]

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