What will be impact on credit creation ability of commercial banks if – InterviewSolution

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1.

What will be impact on credit creation ability of commercial banks if government reduces income tax slabs?a) there will be more credit creation in the economyb) there will be less credit creation in the economyc) there will be no impact on the creationd) It depends upon the behavior of the targeted population.

Answer»

(a)There will be more CREDIT CREATION in the ECONOMY

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