The money multiplier is the amount of money created by commercial banks for a given fixed amount of base money and reserve ratio. An increase in the cash reserve ratio prevents the banks from lending more money and reduces the money multiplier. An increase in the banking habit of the population will increase lending, thereby will lead to more deposits in the banking system, hence increasing the money multiplier. Even if there is an increase in the population of the country, the money multiplier in an economy does not necessarily increase.
Identify the correct association between the Directive Principles of State Policy and their respective articles:
Who was the first President of India?
Which article of the Indian Constitution deals with the amendment process?
Which article of the Indian Constitution ensures the protection of freedom of speech?
Who was the first woman President of India?
Which of the following statements about Fundamental Rights in India is incorrect?
A. Part III of the Indian Constitution discusses Fundament...
The Constitution of India includes the promotion of international peace and security under its:
Which of the following indices is not considered while calculating Human Development Index (HDI)?
By which Constitutional Amendment was the subject of 'Education' transferred from the State List to the Concurrent List?
For how many days can the Rajya Sabha delay a Money Bill after it is passed by the Lok Sabha?
