Question

    As of March 2024, what was the Money Multiplier (MM) in India as per the Economic Survey 2023-24?

    A 4.5 Correct Answer Incorrect Answer
    B 5.2 Correct Answer Incorrect Answer
    C 5.4 Correct Answer Incorrect Answer
    D 6.1 Correct Answer Incorrect Answer
    E 6.0 Correct Answer Incorrect Answer

    Solution

    The Economic Survey 2023-24 mentions that as of March 2024, the Money Multiplier (MM) was 5.4 , compared to 5.2 a year ago, indicating improved financial efficiency.

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