1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XII
Economics
Credit Creation
What is bank ...
Question
What is bank money?
Open in App
Solution
Bank money refers to money held in the form of demand deposits with commercial banks.
Suggest Corrections
0
Similar questions
Q.
What are the features of bank money?
Q.
Money : Bank : : ?
Q.
Differentiate between Standard money and Bank money.
Q.
What is the rate of interest at which the Reserve Bank of India borrows money from commercial banks called?
Q.
What would happen if no one deposits money in banks?
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Credit Creation
ECONOMICS
Watch in App
Explore more
Credit Creation
Standard XII Economics
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
AI Tutor
Textbooks
Question Papers
Install app