Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy

If time deposit is not included. then the money multiplier will be (Cr = currency deposit ratio. rr = reserve deposit ratio)

1
(Cr + rr)/(1 + Cr)
2
(Cr + rr)/(rr + 1)
3
Cr/rr
4
None of the above
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