UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          Consider the following:
    1. Commercial Banks
    2.  Central Bank of India
    3. Government
    Which among the above can create money?

    A) Only 1                          

    B) Only 1 & 2

    C) Only 3                          

    D) All 1 2 & 3

    Correct Answer: B


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