CUET EconomicsMacro > MediumRBI act as banker to commercial banks & Central BankCentral Bank creates credit in economyAll financial institutions are banking institutionsOne rupee note and all coins are issued by the Ministry of Finance✅ Correct Option: 4Related questions:CUET Economics 2023 Slot 3The ratio of money held by the public in currency to that held as deposits in commercial banks is called .2 June Shift 1Repo Rate is the rate at which.28 May Shift 2Given a cash reserve ratio of 50 per cent and reserves of Rs 100, what is the money multiplier?