Learn
Practice
News
FAQs
Help
Scholarships
Sign Up
Login
A commercial bank is able to create money
Question 1
Report
A commercial bank is able to create money
by printing it
by maintaining reserve
by creating a demand deposit as it gives a new loan
by issuing cheques to depositors
by borrowing from the central bank
Answer Details
Read lesson note on Banking (JAMB)
Banking
View Answer