Question

. . . . . . . Plz some one explain

Plz

explain the various concepts of money supply used in India

Answer 1

The total stock of money in circulation among the public at a particular point of time is called money supply. The measures of money supply in India are classified into four categories M1, M2, M3 and M4 along with M0. ... Reserve Money (M0): It is also known as High-Powered Money, monetary base, base money