![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
Most modern banking systems are based on |
A. | money of intrinsic value. |
B. | commodity money. |
C. | 100 percent reserves |
D. | fractional reserves. |
Answer» D. fractional reserves. |
View all MCQs in
Banking Services Management (BSM)No comments yet