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What is high powered money....hindi explaination...

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What is high powered money....hindi explaination...
  • 1 answers

Shivangi Goel 7 years, 2 months ago

High powered money yani,, vo money jo economic transictions ka base hai .....Isme vo sabhi base money add hota jai jo ki koi bhi economic unit apne use ke liye collect karti hai......This included-- Currency held by people,, vault cash by commercial banks,, cash reserve of commercial bank with RBI...
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