Question
Which of the following is component of reserve
money? i. Currency in circulation  ii. Bankers’ deposit with RBI iii. Other deposits with RBISolution
It is essentially the central bank's money. It is also called high-powered money, base money and central bank money. As per the definition, reserve money equals currency in circulation plus bankers' deposits with RBI plus 'other' deposits with RBI. It is the base level for money supply or the high-powered component of money supply.
In each of the following questions, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. ...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent cause...
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In each of the following questions, two statements numbered I and II are given. There may be cause and effect relationship between the two statements....
Statements:
I. The top earning Mumbai area is Santa Cruz, where the richest folks in Mumbai's business community live.
II. Many averag...
Statement-
The Pakistan Army violated ceasefire for the third consecutive day on Friday by targeting Indian posts and civilian areas with mortar ...
Four of the five among the following are similar in such a way to form a group, which one of the following doesn’t belong to the group?
Answer the questions based on the information given below.
Seven persons stay in 7 different floors of a building such that no two persons stay...
What is the code for ‘done’?
Event (A): The authorities of Lumbini Gardens have blatantly encroached upon the footpath on 4th Main, Coffee Board Layout in Nagavara.
Event ...