Primary reserves are assets which can be quickly and easily sold and converted into primary reserves....
Primary reserves are assets which can be quickly and easily sold and converted into primary reserves. True False
Homework Answers
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YOUR REQUIRED ANSWER IS TRUE
Primary reserves are made by the banks to cover unexpected withdrawals of funds and hence should be kept in liquid form so that they can be easily sold and can be converted back.
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Primary reserves are assets which can be quickly and easily sold
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