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Question

Which institution(s) performs the activity of credit creation?
Commercial Banks
Central Bank
Both (a) and (b)
Neither (a) nor (b)

A

Neither (a) nor (b)

B

Both (a) and (b)

C

Commercial Banks

D

Central Bank

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Solution

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Commercial Banks performs the function of credit creation. It is one of the most important activities of commercial banks.

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