Maharashtra State BoardHSC Commerce 12th Board Exam
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State Whether the Following Statement is True Or False Credit Control is the Function of Commercial Banks. - Economics

Question

State whether the following statement is true or false :

Credit control is the function of commercial banks.

Solution

False.

Credit control is an important tool used by Reserve Bank of India.

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APPEARS IN

 2017-2018 (March) (with solutions)
Question 1.3.5 | 1.00 mark
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State Whether the Following Statement is True Or False Credit Control is the Function of Commercial Banks. Concept: Commercial Banks.
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