Commercial banks have generated Rs. 12,000 crores and CRR is 25%. Initial payments will be in the amount of: Option 1: Rs. 48,000 crores Option 2: Rs. 6,000 crores Option 3: Rs. 3,000 crores Option 4: Rs. 30,000 crores

The answer is 'Rs. 3,000 crores'. View full solution:

CUET Economics - Commercial banks have generated Rs. 12,000 crores and CRR is 25%. Initial payments will be in the amount of: | PYQs + Solutions

CUET Economics

Macro

Easy

Rs. 48,000 crores

Rs. 6,000 crores

Rs. 3,000 crores

Rs. 30,000 crores

✅ Correct Option: 3

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