Bank PO Questions

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.

The lawyer commanded them to call the witness

A permanent magnet can affect both magnets and electromagnets.

A permanent magnet has natural magnetic properties while a temporal magnet is created by artificial means. Permanent magnets do not lose their magnetic ability.

The President can declare financial emergency under Article 360.