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:

The type of banking where, the major needs of the customers are understood by the bank and banking services are provided accordingly to the individual is called
Repayment of the loan depends on the borrower's
A commercial bank that works with a single office is called
The first Bank to get ISO Certificate
The First RRB in India