Question 26
MediumOriginal questionAn initial deposit of ₹200 crore is made and the reserve ratio is 20%. The loan made in the second round is
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Round 1: reserves 40, loan 160, which is redeposited.
Round 2: reserves on 160 = 32, loan = 160 − 32 = ₹128 crore.
- Concept
- The second round
- Typical timeTypical
- 70 s
- Your timeYours
- —
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