Q.

What is Currency Deposit Ratio (CDR)?

A. Ratio of money held by the public in currency to that of money held in bank deposits
B. Ratio of money held by the public in bank deposits to that of money held by public in currency
C. Ratio of money held in demand drafts to that of money held in treasury bonds
D. None of the above
Answer» A. Ratio of money held by the public in currency to that of money held in bank deposits
2.4k
0
Do you find this helpful?
13

View all MCQs in

Macroeconomics 2

Discussion

No comments yet