MCQs > Finance & Management > Retail Banking Industry And Processes > What is the situation in which many customers try to withdraw their bank deposits simultaneously, but the bank's reserves are not sufficient to cover the withdrawals called?

Retail Banking Industry And Processes MCQs

What is the situation in which many customers try to withdraw their bank deposits simultaneously, but the bank's reserves are not sufficient to cover the withdrawals called?

Answer

Correct Answer: Run

Explanation:

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Your Skill Level: Poor

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