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    Question

    "CASA" ratio in banking stands

    for:
    A Cash and Savings Account. Correct Answer Incorrect Answer
    B Current Account and Savings Account. Correct Answer Incorrect Answer
    C Capital and Securities Account. Correct Answer Incorrect Answer
    D Credit and Special Assets. Correct Answer Incorrect Answer
    E Customer Acquisition and Service Area. Correct Answer Incorrect Answer

    Solution

    High CASA ratio is preferred by banks as it provides a low-cost source of funds compared to Term Deposits.

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