Economy, asked by sagarup62442, 1 year ago

process of credit creation of commercial bank????
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Answered by unknown6869
1

Answer:

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Explanation:

The most important function of a commercial bank is the creation of credit. ... Therefore, money supplied by commercial banks is called credit money. Commercial banks create credit by advancing loans and purchasing securities. They lend money to individuals and businesses out of deposits accepted from the public.

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