Accountancy, asked by Anonymous, 8 months ago

explain the process of credit creation by commercial bank........ don't spam.... I have seen google......

prove that APC+APS=1 ​

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Answered by Anonymous
15

class 12 th is about to end and i am studying chemistry class 11 th....

....

not fine at all

zindgi sahi me jhnd chl rha

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Answered by Anonymous
18
A commercial bank is a dealer of credit. It creates money based on cash deposits. Further, it issues new money through its loan operations and createscredit or expands the monetary base of a country. Therefore, this process of credit creation leads depositors to believe that they have money with thebank.

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