UPSC 2021EconomyModerate

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
Monetary PolicyMoney Supply & MultiplierMoney multiplierCash Reserve Ratio (CRR)Statutory Liquidity Ratio (SLR)Banking habitMoney supplyCredit creation

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