CUET Economics - If the reserve ratio is 10% and the initial deposit with the commercial banks are Rs. 450 cr, the total money creation by the banking system will be : | PYQs + Solutions

CUET Economics

Macro

Easy

Rs. 4,000 Cr

Rs. 5,000 Cr

Rs. 3,500 Cr

Rs. 4,500 Cr

✅ Correct Option: 4

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Arrange the following statements in chronological order with respect to open market operation.

(A) Bonds payments increases total reserves in the economy.

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Choose the correct answer from the options given below:

CUET Economics PYQs