# What is the value of money multiplier when initial deposits are ₹ 500 crores and LRR is 10%?

What is the value of money multiplier when initial deposits are ₹ 500 crores and LRR is 10%?

(a) 0.1

(b) 0.2

(c) 10

(d) 20

Anurag Pathak Changed status to publish December 28, 2023

Ans – (c)

Explanation:-

Money Multiplier = 1/LRR

Money Multiplier = 1/10%

Money Multiplier = 100/10

Money Multiplier = 10 times

Anurag Pathak Changed status to publish December 28, 2023