12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    Money multiplier is equal to

    A) 1/CRR

    B) 1/SLR

    C) 1/LRR 

    D) None of these

    Correct Answer: C

    Solution :

    Money multiplier is inversely related to the Legal Reserve Ratio which is the sum total of CRR and SLR.


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