Economy, asked by nasa7468, 10 months ago

How does a commercial bank create derived deposits ?

Answers

Answered by cutesmile590
2

Answer:

Commercial bank deposits form the basis for credit creation .They accept the deposit down from the people by opening a deposit account known as the primary deposit. Banks do not hold the money in the account itself ,and entire amount is not withdrawn from the account at the same time.

Explanation:

plz follow me friend and mark this answer as a brainlist answer plz

Similar questions