Question

Given a reserve ratio of 20% in initial deposit of Rs.1000 in a banking system would create secondary
deposit of *.......
(a) * 3,000
(b) * 5,000 (c) * 4,000 (d) * 6,000​

Answer 1

c) 4,000

hope this helps u

Answer 2

Answer:

reserve ratio of 20% in initial deposit of Rs.1000 in a banking system would create secondary

= 20% * 1000