Economy, asked by siddhantban2150, 9 months ago

How do commercial banks contribute to money supply in the economy?

Answers

Answered by ssm85
4

Answer:

Hey mate here is the answer.

Explanation:

Thus the commercial banks contribute much to the growth of a developing economy by granting loans to agriculture, trade and industry, by helping in physical and human capital formation and by following the monetary policy of the country.

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