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प्रश्न
What is creation of credit?
थोडक्यात उत्तर
उत्तर
Creation of credit refers to the process by which commercial banks generate new loans and thereby create new deposits in the banking system. This process expands the total money supply within an economy.
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Commercial Banks: Functions
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संबंधित प्रश्न
Discuss any five advantages of having a bank account.
What are term/time deposits?
Distinguish between fixed deposit and demand deposit. (Any two)
Explain any four advantages of a bank account.
Explain the term bank overdraft.
Differentiate between current deposit account and fixed deposit account.
The advantage of having a bank account is that it ______.
Which of these are known as term/time deposits?
What are saving bank accounts?
How do commercial banks invest their surplus funds?
