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Match the following: Column I A. Formula of Money Multiplier B. Money multiplier = 4 C. Relationship between LRR and money multiplier D. LRR = 0.1 Column II (i) Inverse (ii) Money multiplier = 10 - Economic Applications

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Question

Match the following:

Column I Column II
A. Formula of Money Multiplier (i) Inverse
B. Money multiplier = 4 (ii) Money multiplier = 10
C. Relationship between LRR and money multiplier (iii) LRR = 0.25
D. LRR = 0.1 (iv) `1/"LRR"`
Match the Columns
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Solution

Column I Column II
A. Formula of Money Multiplier (iv) `1/"LRR"`
B. Money multiplier = 4 (iii) LRR = 0.25
C. Relationship between LRR and money multiplier (i) Inverse
D. LRR = 0.1 (ii) Money multiplier = 10
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Chapter 8: Commercial Banks - QUESTIONS [Page 199]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 8 Commercial Banks
QUESTIONS | Q 5. | Page 199

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