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A commercial bank is able to create money
Classroom
Economics Classroom
Jamb
Jamb 1980
Financial Institutions
Types And Functions Of Financial Institutions
Commercial Banks
More Topics
A commercial bank is able to create money
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
By printing it
B
By maintaining reserve
C
By creating a demand deposit as it gives a new loan
D
By issuing cheques to depositors
E
By borrowing from the central bank
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
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