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In Pakistan, three different types of monetary aggregates are in use to measure the stock of money as well as for policy formulation. These include the narrow measures M0, M1 and a broader aggregate M2. The M2 is composed of currency in circulation, other deposits with SBP, demand deposits, time deposits and Resident Foreign Currency Deposits (RFCDs) of the scheduled banks. A review of financial assets indicates that a wide range of financial instruments such as liabilities of non-bank financial institutions, NSS instruments etc., having similar characteristics like time deposits are potential candidates to be considered for inclusion in monetary aggregates.
Moreover, financial landscape of the country has undergone significant changes over the past one and a half decade. A number of new financial instruments have emerged that calls for both to reconsider the composition of the existing aggregates and define higher order monetary aggregates.
What else can I help you with?
How much Pakistan owes to IMF?
Pakistan owes USD13 billion to International Monetary Fund.
State bank of Pakistan relation with government of Pakistan?
State Bank of Pakistan heads all monetary affairs of the State. It's chief is named as "Governor State Bank of Pakistan" and is appointed by the President.
What has the author Debashis Acharya written?
Debashis Acharya has written: 'Simple sum versus divisia monetary aggregates' -- subject(s): Mathematical models, Money supply
Which monetary tools is unsing in Pakistan?
Pakistan uses the Pakistani Rupee, if that's what you mean. It's different from the Indian Rupee in terms of currency exchange values
History of State Bank Of Pakistan?
The state bank of Pakistan is the central bank of Pakistan, it was established in Karachi on 1st July ,1948
Why state bank of Pakistan is failed in achievining their objective while implementing monetary policy?
state bank of pakistan is not an autonomous body is its decision. all the decision taken by the bank are govt biased,
Vision and mission statement of state bank of Pakistan?
The mission of State Bank of Pakistan (SBP) is to promote monetary and financial stability and foster a sound and dynamic financial system, so as to achieve sustained and equitable economic growth and prosperity in Pakistan
What country is rupee from?
The rupee is the monetary unit in India, Sri Lanka, Nepal, Pakistan, Mauritius, Seychelles, Indonesia, Maldives, and Afghanistan.
What are the different types of aggregates?
There are two different types of aggregates namely,Fine aggregates - size of the aggregate is less than 4.75 mmExample : SandCoarse aggregates - Size of the aggregate is more than 4.75 mmExample : Gravel
What ASTM coves the sampling of aggregates?
ASTM D75 is the ASTM that covers the sampling of aggregates.
What is coarse aggregates?
Raw materials that are a component in concrete, aggregates are inert granular materials such as sand, gravel or crushed stone. Coarse aggregates are particles greater than 4.75mm, but they generally range between 9.5mm to 37.5mm in diameter. Primary coarse aggregates come from the land or water. Secondary aggregates are the by-products of extractive operations. The third source coarse aggregates come from is recycled aggregate, which is sand, and recycled concrete aggregate.
How coarse aggregate can be classified as per IS?
as we know we have sieve sizes. aggregates which got retained in 4.75 mm sieve size is known as coarse aggregates or we can say aggregates having size more than 4.75mm.
