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As we know commercial banks accept depos...

As we know commercial banks accept deposits from the public. What do banks do with this money?

A

This is a type of credit creation. Bank gives this on loan

B

This is an income for the bank

C

Banks give this money directly to the Govt. for developmental projects.

D

This money is deposited with the RBI who in turn gives some interest on it banks

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The correct Answer is:
A
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