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Start learning 50% faster. Sign in nowExtending credit or creating credit refers to one of the important functions of commercial banks that help in increasing money supply. For instance, a bank lends ₹ 5 lakh to an individual and opens a demand deposit in the name of that individual. Bank makes a credit entry of ₹5 lakh in that account. This leads to creation of demand deposits in that account. The point to be noted here is that there is no payment in cash. Thus, without printing additional money, the supply of money is increased.
Which of the following gas is used in anesthesia?
Which device is used to measure atmospheric pressure?
The mass of an object on moon ________ in comparison to the mass on earth.
Consider the reaction-
Copper sulphate solution (blue) + Iron → Iron sulphate soluton + Copper What is the colour of the iron sulphate solution?
A current of 3 A flows through a 10-ohm resistor for 5 seconds. What is the total energy dissipated by the resistor?
Which of the following transitions in hydrogen atom will result in emission of radiation of longest wavelength?
Which of the following statements about the centre of mass (COM) of a system is always true?
For what was Albert Einstein awarded Nobel Prize?
The substance which conducts current in the solid state is –
Which of the following vitamin contains Cobalt?