CUET Economics - Arrange the following steps involved in the process of credit creation by Commercial Banks. (A) The commercial bank lends the excess reserves to the borrowers. (B) The borrowers deposit the loaned money in the bank. (C) The bank keeps a portion of the lent deposit money as reserve. (D) The initial deposit is made in the commercial bank. Choose the correct answer from the options given below: | PYQs + Solutions | AfterBoards