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What is the meaning of “Credit Creation”?
(a)
Power of Commercial Banks to expand deposits through loans, advances and investments.
(b)
Power of RBI to print more currency.
(c)
Greater emphasis of Government on increasing purchasing power of public.
(d)
Effort by Government to connect people to formal banking services.
(e)
None of the above

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Important Questions on Banking Awareness
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Which panel is constituted to examine the 'desirability and feasibility' of the new financial year?

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Which of the following is not classified as a commercial bank?

