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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