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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.
Answer the following question.
Explain, using a numerical example, how a reduction in reserve deposit ratio, affects the credit creation power of the banking system.
''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.
To ensure that the citizens of the country have faith in the currency, the currency is issued by:
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Credit Creation comes to an end when total cash reserves become equal to the initial deposits.
Reason (R): The value of money multiplier is determined by Legal Reserve Ratio (LRR).
What are secondary (derivative) deposits?
How money multiplier is related to Legal Reserve Ratio?
The deposit multiplier formula is ______.
In the credit creation process, loans of one bank become ______.
The key assumption for perfect credit creation is ______.
