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Suppose in an economy, the legal required ratio fixed by the Central Bank is 20% and the value of initial deposits is Rs. 1,000 crores. What is the value of loans extended by the Commercial Banks?a)Rs. 5,000 croresb)Rs. 4,000 croresc)Rs. 2,000 croresd)Rs. 20,000 croresCorrect answer is option 'A'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Suppose in an economy, the legal required ratio fixed by the Central Bank is 20% and the value of initial deposits is Rs. 1,000 crores. What is the value of loans extended by the Commercial Banks?a)Rs. 5,000 croresb)Rs. 4,000 croresc)Rs. 2,000 croresd)Rs. 20,000 croresCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Suppose in an economy, the legal required ratio fixed by the Central Bank is 20% and the value of initial deposits is Rs. 1,000 crores. What is the value of loans extended by the Commercial Banks?a)Rs. 5,000 croresb)Rs. 4,000 croresc)Rs. 2,000 croresd)Rs. 20,000 croresCorrect answer is option 'A'. Can you explain this answer?.

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