Multiple choice

The power of the commercial banks to expand deposits through expanding their loans and advances is known as

  1. capital expansion

  2. credit expansion

  3. credit control

  4. credit creation

  5. none of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The power of the commercial banks to expand deposits through expanding their loans and advances is known as credit Creation. So this is correct answer.

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