Question
Consider a fractional reserve banking system with a
legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one bank. Then, the economywide change in total depositsSolution
The total change in deposits is equal to ID/m if nobody wants to hold currency and banks lend to their limit. If these two assumptions are relaxed, the increase in deposits is lower. So, in general, the increase in total deposits is at most ID/m.
Select the option that can be used as a one-word substitute for the given group of words.
 Something that happens often or that lasts for a ...
In the questions given below out of five alternatives, choose the one which can be substituted for the given word/sentence.
Fear of books :
Select the option that can be used as a one-word substitute for the given group of words.
To walk aimlessly
In the following question, out of the given alternatives, choose the best one which expresses the meaning of the given word.
Prodigy
A claim that you cannot be guilty of a crime because you were somewhere else when the crime was committed
Give one word substitutes for the following from the choices given below them.
Language that describes something with obvious and intentional ex...
select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute it , select ‘ No Substituti...
Give one word substitutes for the following from the choices given below them.
 A doctrine that equates God with the forces and laws of universe.
Select the most appropriate word for the given group of word.
A sudden rush of frightened people or animals.
Choose the option which can be substituted for the given words/sentence.
A person having a sophisticated charm