CBSE 2021 Class 12 Economics Term 1 Paper

© examsiri.com
Question : 43 of 60
 
Marks: +1, -0
Number of times the commercial banks are able to create total deposits with the help of reserves ratio and initial deposits is known as ______
(Fill up the blank with correct alternative):
Solution:
(b) Money multiplier
Explanation: Money multiplier measures the amount of money that the banks are able to create in the form of total deposits with every initial deposit.
© examsiri.com
Go to Question: