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Previous Year Questions

Civil Services (PT) Exam 2021

71. The money multiplier in an economy increases with which one of the following? (a) Increase in the Cash Reserve Ratio in the banks (b) Increase in the Statutory Liquidity Ratio in the banks. (c) Increase in the banking habit of the people. (d) Increase in the population of the country.

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    a) Increase in the Cash Reserve Ratio in the banks
    b) Increase in the Statutory Liquidity Ratio in the banks.
    c) Increase in the banking habit of the people. ✅
    d) Increase in the population of the country.
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