what do you think would happen if all the depositors wants to ask for their money at the same time ??
if yes why if no why not ..in brief...
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what do you think would happen if all the depositors wants to ask for their money at the same time ??
if yes why if no why not ..in brief...
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the bank will use it money which it saved( 15 percent )
or
it will ask time and fix a particular time to pay the money back to the depositors