Examlex
Which of the following statements about support structures is true?
Compliance
The act of conforming to or following rules, regulations, standards, or laws.
Reserves
Funds or assets set aside to meet future liabilities, unexpected costs, or potential financial obligations.
Reserve Requirement
The minimum amount of reserves a bank must hold against deposits, set by central banks to ensure bank liquidity and stability.
Deposits
Funds placed in a bank account that can be withdrawn by the account holder, typically used for safekeeping or to earn interest.
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