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प्रश्न
Deposits made by the people from their own resources are called ______.
विकल्प
Primary deposits
Secondary deposits
Time deposits
None of these
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उत्तर
Deposits made by the people from their own resources are called Primary deposits.
Explanation:
Primary deposits are deposits made by people using their own funds, such as when they deposit money into their bank accounts.
संबंधित प्रश्न
Explain the credit creation role of commercial banks with the help of a numerical example.
Explain the concept of ‘inflationary gap’. Also explain the role of ‘legal reserves’ in reducing it.
Answer the following question.
What role does it play in determining the credit creation power of the banking system? Use a numerical illustration to explain.
Define Credit Multiplier.
Credit creation by the commercial bank is determined by ______.
______ is the rate of interest charged by the central bank on loans given to the commercial bank.
The process of money creation or credit creation is done by ______.
Explain the role of legal reserve ratio and Bank rate in correcting inflationary gap in an economy.
''The process of credit creation by commercial banks comes to an end when the total of required reserves become equal to the initial deposits."
With the help of a numerical example, prove that the given statement is true.
Credit money is increased when CRR:
