Q 1527256181.     As we know commercial banks accept deposits from the public. What do banks do with this money?





A

This is a type of credit creation. Bank gives this on loan

B

This is an income for the bank

C

Banks give this money directly to the govt for developmental projects

D

This money is deposited with the RBI who in turn gives some interest on it banks

E

None of the above

Find instant solution to any question from our database of 1.5 Lakh + Questions

 


Access free resources including


Engineering


Medical


Banking


DEFENCE


SSC


RRB


CBSE-NCERT


OLYMPIAD


0
Success Rate: NAN %
Sr. No.SubjectTagCorrectRecorded Answer