CRR & SLR Introduction What Is Money? Functions of money Effects of the monetary policy Inflation Meaning and types of inflation ± Demand-Pull Inflation ± Cost-Pull…
Chapter 1 : 1. Interest rates are important because: Your Answer: high interest rates encourage individuals to save more. Correct Answer: All the above are correct 2. Looking…
Reserve Bank of India: Functions and Working RESERVE BANK OF INDIA www.rbi.org.in ž¸¸£·¸ú¡¸ ¹£ö¸¨¸Ä ¤¸ÿˆ 2 Foreword The Reserve Bank of India, the nation’s…
Slide 1The Monetary System: What It Is and How It Works Chapter 4, Macroeconomics, by N. Gregory Mankiw, 8 th Edition ECO62ECO62, Udayan RoyUdayan Roy Slide 2 Three Main…
1.Unit 6 – Finance I. Currency2. A. Money Three Uses of Money Medium of exchange (Barter) - Exchanging goods & services without use of set values. Unit of Account.Store…