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NextQ83

Reserve Bank of India (RBI) performs the function of Banker to the Banks by acting as a : (i) Clearing House (ii) Custodian of Cash Reserves (iii) Lender to the Government (iv) Periodic inspection of Banks

Money Creation by Commercial BanksStudy Simplify SpecialPYQ1MCQ
Question 82

Suppose, a banking system received primary deposits of Rs. 1,000 and as a result commercial banks created credit worth Rs. 5,000. The value of Reserve Ratio in the given situation would be ___________ percent. (Choose the correct option to fill in the blank)

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