Question

cash reserve the commercial banks with rbi is a part of money supplly or not?

Answer 1

Answer:

• Cash reserves of the commercial banks with the RBI is a part of mo.
• Reserve money is also called central bank money, monetary base, base money, or high-powered money. It is the base level for the money supply or the high-powered component of the money supply. In the most simple language, Reserve Money is Currency in Circulation plus Deposits of Commercial Banks with RBI.

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