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Thursday, 02 April 2026
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A commercial bank is able to create money

A commercial bank is able to create money
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
Correct Answer: Option C
Explanation:

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