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?

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

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

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

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

<p>Central bank operations and monetary policies (C)</p> Signup and view all the answers

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

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

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

<p>Monetary base (A)</p> Signup and view all the answers

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

<p>Money creation (C)</p> Signup and view all the answers

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

<p>Monetary policy decisions (A)</p> Signup and view all the answers

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

<p>Monetary policy of the central bank (B)</p> Signup and view all the answers

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

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

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