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Banking — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsBanking1 Mark
MCQ
Which of the following is not correctly matched.
  • ✓
    Traveler’s cheques – Group of people
  • B
    Credit creation – Multiplication of loans and advances
  • C
    Primary deposits – Passive deposits
  • D
    Bank – Financial Institution
✓

Answer

Correct option: A.
Traveler’s cheques – Group of people
Traveler’s cheques – Group of people

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