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Type the number

Exercise and reference answers

Questions
  1. Answer
    1935
    Question
    Year India got its central bank
  2. Answer
    20
    Question
    CRR in per cent used in the fictional example
  3. Answer
    500
    Question
    Total deposits in rupees that Rs 100 reserves support at 20 per cent CRR
  4. Answer
    400
    Question
    Maximum loan in rupees at 20 per cent CRR from Rs 100 reserves
  5. Answer
    5
    Question
    Money multiplier at 20 per cent CRR
  6. Answer
    100
    Question
    Initial deposit in rupees in the fictional bank
Instructions
Type the number only.

Explanation

_Source: syllabus Introductory Macroeconomics, Chapter 3, Money and Banking._
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