CUET Economics - When Cash Reserve Ratio is 20% then with the deposit of Rs 1000, Money creation will be Rs 5000, Money multiplier is : | PYQs + Solutions

CUET Economics

Macro

Easy

0.5

0.05

1/5

✅ Correct Option: 3

Related questions:

CUET Economics 2023 Slot 3

When in the Economic, Bank rate decrease, Arrange the following statements relating to change in bank rate in the sequencing order :

(A) Loans taken by commercial bank become cheaper

(B) Increases money supply

(D) Reserves held by commercial banks increases

Choose the correct answer from the options given below :

29 May Shift 1

Which function of money helps in comparing the value of different goods and services?

CUET Economics 2023 Slot 3

The ratio of money held by the public in currency to that held as deposits in commercial banks is called .

CUET Economics PYQs