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NextQ41

"Open Market Operation by the Reserve Bank of India (RBI) helps in regulating money supply in the economy." Justify the given statement.

Money Creation by Commercial BanksStudy Simplify SpecialPYQ1MCQ
Question 40

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.)

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