If in an economy the initial deposits are rs.4,000 crore and Reserve Ratio (RR) is 10%. The value of total deposit created would be rs _____ crore.
(Fill up the blank with correct alternative.)
(A) 4,000
(B) 40,000
(C) 2,000
(D) 20,000
If in an economy the initial deposits are rs.4,000 crore and Reserve Ratio…
CBSE Economics class 12 question and answer | If in an economy the initial deposits are rs.4,000 crore and Reserve Ratio (RR) is 10%. The value of total deposit created would be rs _____ crore.
