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Reserve requirements are central bank regulations that set the minimum amount that a commercial bank must hold in liquid assets. This minimum amount, commonly referred to as the commercial bank's reserve, is generally determined by the central bank on the basis of a specified proportion of deposit liabilities of the bank.
As of 2011, enrolment rates are 58% for pre-primary, 93% for primary, 69% for secondary, and 25% for tertiary education. [4] Despite the high overall enrolment rate for primary education among rural children of age 10, half could not read at a basic level, over 60% were unable to do division, and half dropped out by the age of 14. [153]
Sierra Leone operates a floating exchange rate system, and foreign currencies can be exchanged at any of the commercial banks, recognised foreign exchange bureaux and most hotels. Credit card use is limited in Sierra Leone, though they may be used at some hotels and restaurants.
Today, the college, housed in the Jordan Hall of Science, [143] includes over 1,200 undergraduates in several departments, each awarding Bachelor of Science (B.S.) degrees. [144] According to university statistics, its science pre-professional program has one of the highest acceptance rates to medical school of any university in the United ...
Germany, [e] officially the Federal Republic of Germany, [f] is a country in Central Europe.It lies between the Baltic and North Sea to the north and the Alps to the south. Its sixteen constituent states have a total population of over 82 million in an area of 357,596 km 2 (138,069 sq mi), making it the most populous member state of the European Union.
Even with this, the nation's urbanisation rate remains one of the lowest in the world, and in 2017, over 130 million Pakistanis (making up nearly 65% of the population) lived in rural areas. Due to a high fertility rate, which was estimated at 3.5 in 2022, Pakistan has one of the world's youngest populations.
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