Type the number
Exercise and reference answers
- Questions
- Answer
- 1935
- Question
- Year India got its central bank
- Answer
- 20
- Question
- CRR in per cent used in the fictional example
- Answer
- 500
- Question
- Total deposits in rupees that Rs 100 reserves support at 20 per cent CRR
- Answer
- 400
- Question
- Maximum loan in rupees at 20 per cent CRR from Rs 100 reserves
- Answer
- 5
- Question
- Money multiplier at 20 per cent CRR
- 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._