Economics · Banking System
Which of the following is considered a key primary function of commercial banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Regulating the Cash Reserve Ratio (CRR)
- 2Regulating the Legal Reserve Ratio (LRR)
- 3Credit creation✓
- 4Regulating the Statutory Liquidity Ratio (SLR)
Correct answer
Credit creation
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