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  3. 12th Class
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  5. Money And Banking

12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    If LRR is equal to 25%, what will be the value of credit multiplier?

    A) 4

    B) 5

    C) 6

    D) Can't be determined

    Correct Answer: A

    Solution :

    Money or credit multiplier = 1/LRR
    So, 1/0.25 = 4


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