Consider the following statements: Assertion: Increase in the interest rate on Savings Bank account is favorable for the Banks which leverage the CASA Ratio Reason: CASA deposits are cheaper than Time DepositsChoose the correct option:
Q. Consider the following statements: Assertion: Increase in the interest rate on Savings Bank account is favorable for the Banks which leverage the CASA Ratio Reason: CASA deposits are cheaper than Time DepositsChoose the correct option:
Answer: Assertion is incorrect , Reason is correct
Notes: