Advertisements
Advertisements
प्रश्न
Banks issue currency through their operations, and these deposits are used for what purpose?
पर्याय
Increasing net worth only
Giving loans and advances
Eliminating deposits
Refunding reserves to RBI
MCQ
Advertisements
उत्तर
Banks issue currency through their operations, and deposits are used for giving loans and advances. This lending activity is the basis of money creation by banks.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
