English, asked by saloniashelar2903, 2 months ago

The sheet of credit creation by bank considering any percentage of CRR

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Answered by nikhil4314

If CR are 10,000 and RR is 10%,then the estimated credit created would be 1,00,000.My doubt is that,let the bank get deposits of 10,000 from public.It would make a RR of 1000.

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The sheet of credit creation by bank considering any percentage of CRR​

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The sheet of credit creation by bank considering any percentage of CRR