Shaalaa.com | Money Creation or Credit Creation by Commercial Banks Part 1
Series 1: playing of 3
The ratio of total deposits that a commercial bank has to keep with Reserve Bank of India is
called:( choose the correct alternative)
(a) Statutory liquidity ratio
(b) Deposit ratio
(c) Cash reserve ratio
(d) Legal reserve ratio
Explain, with reason, whether you Agree or Disagree with the following statement.
Commercial banks provide many general utility services.