what are the definition of money supply in india?
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It is the total value of the currency (coins and paper currency) that has ever been issued by the Reserve Bank of India minus the amount that has been withdrawn by it. Currency in circulation (currency with the public) comprises of: currency notes and coins with the public. cash in hand with banks.
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- It is the total value of the currency (coins and paper currency) that has ever been issued by the Reserve Bank of India minus the amount that has been withdrawn by it. Currency in circulation (currency with the public) comprises of: currency notes and coins with the public. cash in hand with banks..
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