CUET Preparation Today
| Which of the following are true- a) More the CRR less is the money multiplier b) CRR is the percentage of cash or cash equivalent out of total deposits, in the balance sheet of a bank. |
Both a and b are true a is true, b is not b is true, a is not Both a and b are false |
| a is true, b is not |
| CRR is the amount a bank keeps with central bank. |
