Physics, asked by hzusb1780, 8 months ago

What is money explain the function discuss the credit control measure of monetary polcy in india

Answers

Answered by nsirumalar

Answer:

Monetary policy refers to the credit control measures adopted by the central bank of the country. In case of Indian economy, RBI is the sole monetary authority which decides the supply of money in the economy.

Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. ... Money originates in the form of a commodity, having a physical property to be adopted by market participants as a medium of exchange.

FUNCTIONS:

Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange

I HOPE THIS HELPS YOU

PLEASE MARK ME AS BRAINLIEST ANSWER

Explanation:

Previous Question

Next Question

Similar questions

Math, 4 months ago

how many terms a cubic (degree 3) polynomial with one variable can have?give examples...

Social Sciences, 4 months ago

4. What was the immediate cause of the Revolt of 1857? a. The annexation of Awadh b. The rumour that cartridge of the new Enfield rifle was greased with the fat of cows and pigs C. The banning of Sati by the British. D the refusal of the British to pay pension to nana saheb the adopted son of Baji Rao ll ...

Math, 4 months ago

Regarding a certain normal distribution concerning the income of the individuals we are given that mean = 500 rupees and standard deviation = 100 rupees. Find the possibility that an individual selected at random will belong to the income group Rs. 420 to Rs. 570. Select one: a. 0.213 b. none of these c. 0.546 d. 0.183...