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38 lessons,
5h 23m
Monetary Creation by Banking System Continued
1,077 plays

3.3.2 money multiplier and high powered money.

Mohini Jain
Gold medalist in Economics and graduate from St. Francis. Loves to read novels.

Unacademy user
Best way of teachings
what if the seller withdraw total amount (which is ₹100 here) without keeping half with banks..?? can't he do that..??
Mohini Jain
10 months ago
Hey Sai kumar... Yes he can..
nice lesson mam i have a only doubt like if worker got 0.8H/2 as factor payment so why it converted into 0.8H/4? if he has 0.8H/4 as cash so what is remaining 0.8H/4 which he deposited in bank?
u never miss even minute terms given in boxes... thanks
Mohini Jain
a year ago
Welcome :)
bank keeps some deposits as reserve, from that deposits bank keep some as "Deposits with RBI" So.. what is the meaning of "DEPOSITS WITH RBI"
Mohini Jain
a year ago
That deposits with RBI is your CRR
Mandar Kharkar
a year ago
ok. thanks