Question
Credit multiplier is equal to:
The correct answer is
1/CRR
The correct answer is: 1/CRR (Cash Reserve Ratio). Credit multiplier is the ratio of total credit to the excess reserves held by the banks, and it is calculated as 1 divided by CRR.
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Important Questions from External Sector
Which function is used to calculate the maximum value in a selected column in MS Excel?
In relation to the balance of payments, a __________ deals with foreign exchange reserves, investments, loans, and borrowings.
Which one of the following is an element of capital account in the Balance of Payments?
The ____ Oversees the Foreign Exchange Management Act, 1999.
In 1991, under the external sector reforms, Indian rupee ______.
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