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a. What are the differences between a spot loan and a loan commitment? (2 marks) b. Explain stored liquidity management, purchased liquidity management and their

a. What are the differences between a spot loan and a loan commitment? (2 marks) b. Explain stored liquidity management, purchased liquidity management and their weakness respectively. (4 marks) c. Explain reserve requirement, compensating balance, and capital adequacy. (6 marks

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