CUET Economics - Suppose in an economy, the legal Required ratio fixed by the Central Bank is 20% and the value of initial deposits is Rs. 1000 crores. What is the value of loans extended by the Commercial Banks? | PYQs + Solutions

CUET Economics

Macro

Medium

Rs. 5,000 crores

Rs. 4,000 crores

Rs. 2,000 crores

Rs. 20,000 crores

✅ Correct Option: 2

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CUET Economics PYQs