NIBAF CTM Practice Questions - NIBAF Certification In Treasury Management Exam

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What is the frequency at which Pakistani commercial banks are required to maintain their daily Cash Reserve Ratio (CRR) on average with the State Bank of Pakistan (SBP)?

On a fortnightly average basis (over a 14-day period) Daily basis with no averaging allowed On a monthly average basis On a weekly average basis

Correct Answer:

On a fortnightly average basis (over a 14-day period)

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