Economics · Indian Economy
Which of the following directly increases the Money Multiplier in an economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An increase in the banking habit of the population✓
- 2An increase in the Cash Reserve Ratio (CRR)
- 3An increase in the Statutory Liquidity Ratio (SLR)
- 4An increase in the country's total population
Correct answer
An increase in the banking habit of the population
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