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Which of the following statement(s) is(are) correct. (I) Cash is the most liquid asset. Investments made by commercial banks are usually more liquid than loans
Which of the following statement(s) is(are) correct.
(I) Cash is the most liquid asset. Investments made by commercial banks are usually more liquid than loans made by these banks.
(II) Repo agreements, deposits, undivided profits are sources of funds for a commercial bank.
Group of answer choices
I and II
II only
none
I only
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