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What does the term "external drain" refer to in the context of credit creation?a)The withdrawal of cash by depositors.b)The transfer of deposits between banks.c)The repayment of loans by borrowers.d)The loss of reserves due to external factors.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the term "external drain" refer to in the context of credit creation?a)The withdrawal of cash by depositors.b)The transfer of deposits between banks.c)The repayment of loans by borrowers.d)The loss of reserves due to external factors.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the term "external drain" refer to in the context of credit creation?a)The withdrawal of cash by depositors.b)The transfer of deposits between banks.c)The repayment of loans by borrowers.d)The loss of reserves due to external factors.Correct answer is option 'A'. Can you explain this answer?.

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