Economy, asked by Snehapareek2786, 1 year ago

Explain the recommendation's of working group on money supply.

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Answered by dhaswinkavingmailcom

0

Answer:

Following the recommendations of the Second Working Group on Money Supply (SWG) in 1977, RBI has been publishing four monetary aggregates – M1, M2, M3 and M4 - besides the reserve money. ... The reserve money and M3 aggregates are presented both for the components (liabilities) and sources (assets).

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