Which is the main source of bank fund?

Which is the main source of bank fund?

Which is the main source of bank fund? ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

paid-up capital

reserve fund

borrowing from the central bank

deposits

0 2

Best Answer Explained in Below-:

The source of “funds” for banks is debt. Not reserves, not government money, not gold, nor any pre - existing source of money. Banks create money simply by extending credit. Money is merely an I.O.U., a transferable debt instrument.

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