CUET Economics - Which of the following statements is correct about commercial banks ? A. Considered as Money Creating system of the Indian Economy B. They accept deposits from the public at a lower interest rate and lend out part of these funds at a higher interest rate C. The difference between the interest rate paid to depositors and charged for lending is called "Spread". D. Commercial banks in isolation control the money supply in India. Choose the correct answer from the options given below: 1. (A), (B), (C) and D 2. (A), (B) and (D) only 3. (A), (B) and (C) only 4. (A) and (D) only | PYQs + Solutions | AfterBoards