NextQ61

Read the following statements carefully : Statement 1 : Open Market Operations refers to purchase/sale of Government Securities (G-Sec) by the Central Bank. Statement 2 : To decrease money supply, Central Bank will sell the Government Securities to commercial banks. In the light of the given statements, choose the correct option from the following :

Commercial BanksStudy Simplify SpecialPYQ1MCQ
Question 60

Commercial banks are regarded as money creators because : (Choose the correct option)

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