primary reserve

What Is Primary And Secondary Reserve?

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What Is Primary And Secondary Reserve? Primary reserves include a bank’s vault cash and checkable deposits held with other banks or any other funds that are accessible immediately to meet demands for liquidity made against the bank. Secondary reserves consist of assets paying some interest but their principal feature is ready marketability. What is meant

What Is The Primary Purpose Of The Legal Reserve Requirement?

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What Is The Primary Purpose Of The Legal Reserve Requirement? The primary purpose of the legal reserve requirement is to: The Fed’s way of controlling A) prevent banks from hoarding too much vault cash. What is the purpose of the reserve requirement quizlet? The primary purpose of the legal reserve requirement is to: provide a