Money Supply in terms of economics is the Total stock of money held by public. Public Comprises of - Households, firms, local authorities, Non Banking financial institutions (NBFI), Non departmental Public sector undertaking – Hindustan Machine Tools (HMT) and Bharat Heavy Electrical Limited (BHEL).
The term public excludes- Central Government, Reserve Bank of India (RBI) and the commercial banks.
Economist define money supply in two ways
Narrow money supply: Assets included in this definition of money supply are:
b) Demand deposits with the banks.
M1= C + DD
M1 = Narrow Definition of Money Supply; C= Currency, DD= Demand deposits
Broader money supply: Developed by Milten Freedom of Chicago School of Economics
Broad money supply includes currency with the public, demand deposits and time deposits with the banks.
M2 = C + DD + TD
C= Currency with Public; DD= Demand Deposits; TD= Time Deposit.
RBI MEASURES OF MONEY SUPPLY: RBI has four alternative measures of Money Supply- M1, M2, M3, and M4
The measures of money supply adopted by RBI are as follows.
The Reserve Bank of India (RBI) has made it mandatory for all credit information bureaus in the country to provide a full credit report, on demand and without any charge, to individuals whose credit history is available with them. ...
FIPB will be abolished in financial year 2017-18, as announced by Finance Minister Arun Jaitley during 2017-2018 budget speech in Lok Sabha....
Cabinet has approved the doubling of solar park capacity to 40,000 MW. State will identify the solar park developer and also the land on which it would be built. This step is taken in accordance with Indiaï¿½s greenhouse emissions commitment at the global stage as part of INDCs (Intended Nationally Determined Contributions (INDCs)...
Under the Draft Energy Savings Certificates regulations, Central Electricity Regulatory Commission (CERC) has approved the trading of ESCs on power exchanges....
Ratan Watal committee has given its recommendation of forming a new Payment Regulatory Board and various points related to payment regime in India,which is opposed by RBI as it would be a threat to RBI autonomy....
Government has chosen India Infrastructure Finance Co. Ltd (IIFCL) as the lead promoter of a credit enhancement guarantee fund, announced in the 2016-17 Union budget....
The Central Board of Direct Taxes (CBDT) announced signing of four more unilateral Advance Pricing Agreements (APAs) In February, 2017....
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Government has launched pilot projects to introduce Direct Benefit Transfer (DBT) in fertilizer sector in 16 districts of the countries....
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Answer to Question No. 149 is (a)203 kwh . Kindly go through economic survey of Bihar (2015-16).
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sir,your prediction about cut off for general(85-95) is on the basis of 9000 results or more than that.further there is 35% horizontal reservation to women.please clarify