reserves are equal to deposits times the reserve requirement.

Reserves held beyond the required amount are called _____________ reserves.Group of answer choicesdemand depositsprecautionaryexcesssurplus

The requirement is the fraction of checkable deposits that banks must keep on hand as reserves either as currency or on deposit with the Federal Reserve.

Reserves are a component of: Group of answer choices assets. equity. revenue. liabilities.

Define reserve deposit ratio.a.The percentage of total deposits held in reserves by commercial banks.b.Demand drafts holdings as a percentage of Treasury Bond holdingsc.The percentage of funds that the RBI loans to commercial banksd.The overall percentage of money commercial banks lend to their clients.

Reserves of cash kept with itself by a bank to meet its payment requirements is called