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    Question

    What is the currency deposit ratio (cdr)?

    A ratio of money held by the public in currency to that of money held in bank deposits Correct Answer Incorrect Answer
    B ratio of money held by public in bank deposits to that of money held by public in currency Correct Answer Incorrect Answer
    C ratio of money held in demand drafts to that of money held in treasury bonds Correct Answer Incorrect Answer
    D none of the above Correct Answer Incorrect Answer
    E all of the above Correct Answer Incorrect Answer

    Solution

    The currency deposit ratio (cdr) is the ratio of money held by the public in currency to that of money held in bank deposits

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