Economy, asked by vinaytayal18, 5 months ago

if the total deposits created by commercial banks is rupees 50000 crore and CRR 12% and SLR is 8%, then calculate the amount of intial deposit with the bank

Answers

Answered by viditu356

1

Answer:

K = 1/LRR

= 1/20%

= 100/20

= 5 times

initial amount = 50,000/5 = 10,000

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