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.
The following question contains three statements, one or more of which may not be grammatically correct. You are required to identify the incorrect sta...
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Organic waste that would help green cities and feed small and affordable household biogas plants is simply being thrown away.
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I) The rapid technological advancement...
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We do our first delivery in organic cotton bags, who they encourage subscribers to reuse.
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In the question given below, two phrases in a sentence are highlighted which may or may not be correctly used. From the given choices choose the corre...