Question

Who does the function of Credit Creation?

A] Central Government B] Commercial Bank

C] R.B.I. D] State Government​

Answer 1

Answer:

B Commercial Bank

Explanation:

This process cannot be implemented by the central bank alone, for this they require the help of commercial banks and their reserves. The commercial banks perform the function of credit creation in an economy

Answer 2

Answer:

B) Commercial Bank

Hope it will help you