Which of the following is / are examples of Credit Creation by banks?
Which of the following is / are examples of Credit Creation by banks?
[A]Advancing loans
[B]Purchasing securities
[C]Selling securities
[D]Only A and B
Only A and B
Credit is created by commercial banks in two ways- advancing loans and by purchasing securities.
Originally written on
May 30, 2015
and last modified on
May 30, 2015.