Which of the following with regard to the term ‘bank run’ is correct?

Which of the following with regard to the term ‘bank run’ is correct?

[amp_mcq option1=”The net balance of money a bank has in its chest at the end of the day’s business” option2=”The ratio of bank’s total deposits and total liabilities” option3=”A panic situation when the deposit holders start withdrawing cash from the banks” option4=”The period in which a bank creates highest credit in the market” correct=”option3″]