Let the cash reserve ratio is 12%. Then the value of credit multiplier will be
A) 8.0
B) 8.3
C) 10
D) 12
Correct Answer:
Verified
Q3: Which of the following represents the major
Q4: Find the odd man out
A)Bank rate policy
B)Taxation
C)Open
Q5: Bank rate refers to
A)Discount rate
B)Market rate
C)Rediscount rate
D)None
Q6: Open market operation influences
A)The reserves of commercial
Q7: Which of the following is an anti-deflationary
Q9: Inflation represents:
A)fall in price level
B)increase value of
Q10: Who told Inflation is too much of
Q11: Among the following which is not a
Q12: Deflation means:
A)falling price level
B)rise in price level
C)increase
Q13: Only Money Matters is Propounded by:
A)Keynesians
B)Monetarists
C)Classicals
D)Neo-Classicals
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