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Gopu Das

· started a discussion

· 1 Months ago

OPTION (Question: 122760.0 )

OPTION 1 CRT YA

Question:

Find the correct statements –


1) CASA ratio is the ratio of deposits in current accounts and savings accounts


2) It is good for the banks if the CASA Ratio is high


3) A higher CASA  ratio means a lower cost of funds for the banks

Options:
A) Only 1 and 2
B) Only 2 and 3
C) Only 1 and 3
D) 1, 2 and 3
E) None of these
Solution:
CASA ratio is the ratio of deposits in the current and savings accounts to the total number of deposits in all accounts.

Knowledge Expert

· commented

· 1 Months ago

CASA ratio of a bank is the ratio of deposits in current and saving accounts to total deposits
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