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What is high powered money?

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What is high powered money?
  • 2 answers

Sakshi Sharma ??️??️??️ 6 years, 2 months ago

Money created by RBI and government

Yashika . 6 years, 2 months ago

High powered money is the sum total of currency held by the people,vault cash of the commercial bank,cash reserves of the commercial banks with the RBI
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