Which of the following measure of the high-power money supply (H) has been used by RBI of India

Question

TuteeHUB · Accepted Answer

Currency held by the public + cash reserves of the commercial banks + Time deposits of the commercial banks + other deposits with the RBI

TuteeHUB · Answer

Currency held by the public + Other deposits with the RBI

TuteeHUB · Answer

Cash reserves of the commercial banks + Other deposits with the RBI

TuteeHUB · Answer

Currency held by the public + cash reserves of the commercial banks + other deposits with the RBI

1.	Which of the following measure of the high-power money supply (H) has been used by RBI of India
A.	Currency held by the public + Other deposits with the RBI
B.	Cash reserves of the commercial banks + Other deposits with the RBI
C.	Currency held by the public + cash reserves of the commercial banks + other deposits with the RBI
D.	Currency held by the public + cash reserves of the commercial banks + Time deposits of the commercial banks + other deposits with the RBI
Answer» D. Currency held by the public + cash reserves of the commercial banks + Time deposits of the commercial banks + other deposits with the RBI

Discussion