App Logo

No.1 PSC Learning App

1M+ Downloads
By changing cash reserve ratio Reserve Bank can control the capacity of Commercial Banks to create :

AProfit

BFund

CCredit

DNone of these

Answer:

C. Credit


Related Questions:

First Bank to begin permanent issue of bank notes
The banking operations done online without reaching out to the bank branches are called ?
No Frill account are now known as ---.
Children saving Account are also called ---.
Full form of CASA, (in relation with commercial banks)