1.

State whether the statements are true or false.(i) The Central bank of a country acts as the banker, fiscal agent and advisor to the government. (ii) The banks expand their loans resulting in the expansion of investment employment production and prices.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false (c) (i) is true but (ii) is false (d) (i) is false but (ii) is true

Answer»

(a) Both (i) and (ii) are true



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