Preference

Question: How do commercial banks create money?

  1. a.
    by cashing cheques for their customers
  2. b.
    by increasing their reserves at the central bank
  3. c.
    by making loans to customers
  4. d.
    by charging customers for banking services
  5. e.
    None of these
Answer: c
comments powered by Disqus

Events

Loading....

Loading....

Loading....

Share our page