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A commercial bank law creates credit only if it has

(a) Cash in the vault

(b) Excess reserves

(c) Permission of Reserve Bank

(d) Cooperation of other banks

Question Posted / guest

Answers were Sorted based on User's Feedback



A commercial bank law creates credit only if it has (a) Cash in the vault (b) Excess reserve..

Answer / sutha

(C) Permission of Reserve Bank

Is This Answer Correct ?    2 Yes 0 No

A commercial bank law creates credit only if it has (a) Cash in the vault (b) Excess reserve..

Answer / guest

( c ) Permission of Reserve Bank

Is This Answer Correct ?    3 Yes 2 No

A commercial bank law creates credit only if it has (a) Cash in the vault (b) Excess reserve..

Answer / sumit maan

Cash in the vault

Is This Answer Correct ?    1 Yes 0 No

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