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    Question

    According to the Economic Survey, Reserve money and

    broad money supply growth in 2021-22 so far was lower than in the previous year. What is the other name for “Reserve Money”?
    A High-Powered Money Correct Answer Incorrect Answer
    B Monetary Base Correct Answer Incorrect Answer
    C M0 Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Reserve moneyis also called central bank money, monetary base, M0, base money, or high-powered money. It is the base level for the money supply or the high-powered component of the money supply.

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