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Money Creation by Banks · Question 3 of 58

Question 3

EasyOriginal question

Which of these is NOT a function of a commercial bank?

Options for question 3

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. In India, only the RBI issues currency notes (the ₹1 note apart, issued by the government).

Concept
What banks do not do
Typical time
40 s
Your time
—
The rule this testsWhat commercial banks do
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