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

Answer Posted / sutha

(C) Permission of Reserve Bank

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the meaning of zealot?

683


pls. LIC ado modle test paper sent me

1736


how to do the sampling for inspection?

1814


How would like give the objective questions for asking in apsrtc OUT questions .

1730


Which animal is considered as the 'ship of the desert'?

667






how many depots are in a.p

1722


What are your views on Kashmir issues?

735


What is the currency of Italy?

667


What do you know about surgical strikes?

661


Who is the author of the book 'Half a Life'?

715


To which sport is the C.K. Nayudu Trophy related?

690


The women carrying a weighing measurement, closed her eyes with black ribbon symbolizes which ?

665


What is the capital of Mozambique?

683


Clive Lloyd is related to which sport?

638


Which animal has been declared as National Heritage Animal in October 2010 by the Union Government?

751