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Money Function and Components in India

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Questions and Answers

What are the main components of the 'money function' in India?

Meaning and uses source of changes in high powered money and financial intermediaries
High powered money and financial system components
Financial intermediaries and changing relative important of East components
Money supply and high powered money (correct)

What is the primary source of changes in 'high powered money' according to the text?

Financial system components
Money supply in India (correct)
Money function
Financial intermediaries

What is the alternative term for 'money supply' in India?

High powered money
Source of changes in high powered money
Money function (correct)
Financial intermediaries

What does 'high powered money' refer to in the context of financial system components?

Meaning and uses source of changes in high powered money (C) Signup and view all the answers

Which of the following best describes the term 'high powered money'?

The currency held by the public and the reserves held by commercial banks (B) Signup and view all the answers

What are the primary source(s) of changes in 'high powered money'?

Central bank operations and monetary policies (C) Signup and view all the answers

In the context of the financial system components, what does 'money function' refer to?

The different uses and meanings of money in an economy (B) Signup and view all the answers

What is the alternative term used for 'money supply' in India?

Monetary base (A) Signup and view all the answers

What is the alternative term for 'money function' in India?

Money creation (C) Signup and view all the answers

What are the main sources of changes in high powered money according to the text?

Monetary policy decisions (A) Signup and view all the answers

What primarily determines the changing relative importance of different components of high powered money?

Monetary policy of the central bank (B) Signup and view all the answers

Which of the following best describes 'high powered money'?

The money supply created by the central bank (C) Signup and view all the answers

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