Examlex
What is the primary function of the fimbriae?
Board of Governors
The executive leadership of a central banking system, such as the Federal Reserve in the United States, responsible for setting monetary policies and overseeing affiliate banks.
Reserve Requirement Ratio
The fraction of deposits that banks are required to keep on hand, either in cash or as deposits at a central bank, as a measure to ensure bank liquidity.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by regulatory authorities.
Total Checkable Deposits
represents the sum of all demand deposits and negotiable order of withdrawal (NOW) accounts in the banking system, which are available for immediate withdrawal and payment.
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