Advertisements
Advertisements
प्रश्न
The process of money creation or credit creation is done by ______.
पर्याय
World bank
Central bank
Rural bank
Commercial banks
MCQ
रिकाम्या जागा भरा
उत्तर
The process of money creation or credit creation is done by Commercial banks.
Explanation:-
Commercial banks can use the LRR (Legal Reserve Ratio) to maintain a portion of their deposits as a reserve and use the balance to extend credit. The cycle of transactions that occurs during this phase aids in the creation of money.
shaalaa.com
Money Creation Or Credit Creation by the Commercial Banking System
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
