A borrower comes into the bank and pays off 10,000 Rupees of his loan. – InterviewSolution

InterviewSolution

1.	A borrower comes into the bank and pays off 10,000 Rupees of his loan. This was a cash payment by the borrower to the bank. What was the immediate effect on the nation’s money supply?
Answer» A borrower comes into the bank and pays off 10,000 Rupees of his loan. This was a cash payment by the borrower to the bank. What was the immediate effect on the nation’s money supply?

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