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The Desired Reserve Ratio Refers to the Ratio of a Bank's

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The desired reserve ratio refers to the ratio of a bank's:


Definitions:

Substantial Evidence Test

A legal standard used to review the decisions of administrative agencies, requiring evidence that a reasonable mind might accept as adequate to support a conclusion.

De Novo Review

A type of court review in which the reviewing court considers the matter anew, as if it had not been heard before and without deference to the previous court's decision.

Freedom of Information Act

A U.S. law aimed at ensuring public access to government records, subject to nine exemptions for specific categories of information.

Statutory Obligation

A legal requirement defined by legislation that mandates individuals or entities to act in a specific manner.

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