During the maintenance period, the actual average amount of reserves held must be
A)more than the average required reserves determined in the computation period.
B)equal to the average required reserves determined in the computation period.
C)less than the average required reserves determined in the computation period.
D)substantially less than the average required reserves determined in the computation period.

Question

Quizplus · Accepted Answer

During the maintenance period, banks must hold an amount of reserves that is equal to the average required reserves determined in the computation period. This ensures that banks maintain sufficient reserves to meet their obligations and regulatory requirements.

During the Maintenance Period, the Actual Average Amount of Reserves