1.

Banks need liquidity to meet which of the following objectives of banking?    [Allahabad Bank 2011] (1) To meet deposit withdrawal (2) To fund loan demands (3) To maintain public confidence

A.  Only (1)                       
B.  Only (2)
C.  Only (3)                       
D.  Only (1) & (2)
E.  None of these
Answer» D.  Only (1) & (2)


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