English, asked by yashmimaying6, 7 months ago

if Lrr is 20% and initial deposit is Re 10000 in a commercial bank find total money creation Amount? question of 12 class

Answers

Answered by rhdyer7195

5

Answer:

ANSWER

Initial deposit=Total deposit×LRR

Initial deposit=Rs.10,000×0.4

Initial deposit=Rs.4000 crores

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