UPSC 2019 › Indian Economy › Monetary Policy & Money Supply

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UPSC 2019 · Q90 · Indian Economy › Monetary Policy & Money Supply · Save

The money multiplier in an economy increases with which one of the following?

(a) Increase in the cash reserve ratio
(b) Increase in the banking habit of the population
(c) Increase in the statutory liquidity ratio
(d) Increase in the population of the country
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Answer: (b) Increase in the banking habit of the population