NextQ65

In an imaginary economy, maintaining a Cash Reserve Ratio of 20% with primary deposits of Rs. 1,000, the total derivative deposits created by banks would be __________. (Choose the correct alternative to fill in the blank)

Central Bank — Functions and RoleStudy Simplify SpecialPYQ3SQ
Question 64

Identify and explain any one function of Central Bank as indicated in the image given below : Explain any one function of Central Bank.

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