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explain in detail rbi's measures of money supply

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Q: Money supply measures in India by rbi?
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Who governed the Money Supply?

Reserve bank of India


Who controls money in India with RBI?

who control money


Explain the measures of money supply in India?

MEASURES OF MONEY SUPPLY IN INDIAThe Reserve Bank of India defines the monetary aggregates as:Reserve Money (M0): Currency in circulation + Bankers' deposits with the RBI + 'Other' deposits with the RBI = Net RBI credit to the Government + RBI credit to the commercial sector + RBI's claims on banks + RBI's net foreign assets + Government's currency liabilities to the public - RBI's net non-monetary liabilities.M1: Currency with the public + Deposit money of the public (Demand deposits with the banking system + 'Other' deposits with the RBI).M2: M1 + Savings deposits with Post office savings banks.M3: M1+ Time deposits with the banking system = Net bank credit to the Government + Bank credit to the commercial sector + Net foreign exchange assets of the banking sector + Government's currency liabilities to the public - Net non-monetary liabilities of the banking sector (Other than Time Deposits).M4: M3 + All deposits with post office savings banks (excluding National Savings Certificates).


How can one get a to license as a money changer in India?

Apply to RBI?


What is credit control policy of rbi?

control of supply and demand of the money.


How much money can RBI print in one year?

unlimited is controlled mainly by amount of money RBI wants to be there in market. gold standard is gone. money is printed by taking in account of supply and inflation.


What are various instruments of monetary policy used by RBI?

Some instruments of monetary policy used by the Reserve Bank of India are price stability, restriction of inventories, promotion of efficiency and reducing rigidity. By using this policy, the RBI is able to control the money supply of its country's economy.


What is the cash reserve ratio in India?

Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.


How do you obtain restricted money exchange licence from reserve bank of India for hotel business?

how do we have the licence for restriced money exchange from RBI


What does RBI stands for in India?

Reserve Bank of India.


What is the role of SBI in RBI?

State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI). The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.


Which is the central bank of India?

rbi