Credit creations mean.
A. To lend the total deposit to the public
B. To keep the total deposit with the bank
C. To keep some portion of total deposit as a cash reserve and lend the remaining portion as loan
D. All of the above
Answer:C
Credit creations mean.
A. To lend the total deposit to the public B. To keep the total deposit with the bank C. To keep some portion of total deposit as a cash reserve and lend the remaining portion as loan D. All of the above