What is the currency deposit ratio (cdr)?
a) ratio of money held by the public in currency to that of money held in bank deposits
b) ratio of money held by public in bank deposits to that of money held by public in
currency
c) ratio of money held in demand drafts to that of money held in treasury bonds
d) none of the above

1 Answer

Answer :

a) ratio of money held by the public in currency to that of money held in
bank deposits

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