Question
Commercial banks create money in the following
ways:Solution
Loans are made by commercial banks using bank deposits received from depositors. When a bank makes a loan, it does not make a cash payment. A demand deposit account is opened in the borrower’s name, and the loan proceeds are placed there. The borrower may pay from these demand deposits through a cheque, ATM, or internet banking.
If a + b + c = 12 and ab + bc + ca = 47, and a, b, c are real numbers, find the value of a³ + b³ + c³ − 3abc.
If a + `1/b` = 1 and b + `1/c` =1 , then the value of c + `1/a` is
A sum of Rs. 25,000 is invested in SIP 'G' which offers 7% p.a. simple interest for 7 years. The interest received from SIP 'G' is invested in SIP 'H' w...
If
= 2 then find In a best-of-two chess match between Player X and Player Y, the probability that Player X wins a game is (5/9), and the probability that Player Y loses ...
If 10x2 – 6xy+y² – 4x+4= 0, then find the value of (3x+2y).
If x 2  – 15x + 51 = 0, then determine the value of (x – 5) + {1/(x – 5)}.
For a =-4 and b = 5, value of a² – b² is:
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