Exams

Fractional reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.

In the early 20th century, the Balkans were called a "powder keg" because the political situation in the region was very unstable. For a long time, the Ottoman Turks occupied the balkans, and with the rise of nationalism, some balkan states declared independence.

China recently unveiled the world's first underground hotel.