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A commercial bank law creates credit only if it has

(a) Cash in the vault

(b) Excess reserves

(c) Permission of Reserve Bank

(d) Cooperation of other banks

Answers were Sorted based on User's Feedback



A commercial bank law creates credit only if it has (a) Cash in the vault (b) Excess reserve..

Answer / sutha

(C) Permission of Reserve Bank

Is This Answer Correct ?    2 Yes 0 No

A commercial bank law creates credit only if it has (a) Cash in the vault (b) Excess reserve..

Answer / guest

( c ) Permission of Reserve Bank

Is This Answer Correct ?    3 Yes 2 No

A commercial bank law creates credit only if it has (a) Cash in the vault (b) Excess reserve..

Answer / sumit maan

Cash in the vault

Is This Answer Correct ?    1 Yes 0 No

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