Question

What is the value of the money multiplier when initial deposits are ₹ 500 crores and LRR is 10 %.

A 0.2 Correct Answer Incorrect Answer
B 0.1 Correct Answer Incorrect Answer
C 10 Correct Answer Incorrect Answer
D 20 Correct Answer Incorrect Answer
E 25 Correct Answer Incorrect Answer

Solution

Money Multiplier is 1 / LRR, which equates to ten times.

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