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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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