Economy, asked by dipesh6488, 10 months ago

What are the main components of high powered money?

Answers

Answered by Anonymous
0

Answer:

High powered Money (H) includes currency with Public (C), important reserves of Commercial banks and other reserve (ER).

...

  • The following are the important components which determine high power money:
  • Currency with the public.
  • Other Deposits with RBI. ADVERTISEMENTS:
  • Cash with Banks.
  • Banker's Deposits with RBI.

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