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Monetary Creation by Banking System Continued
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3.3.2 money multiplier and high powered money.

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

Comments
(6)
U
Unacademy user
Awesome, you literally made economics so easy for me! I'm an engineer with economics studied only and only as 1 sem cource (XD), so even having a working knowledge about concepts involved makes me understand all the stuff! I'mm liking economics now!
S
what if the seller withdraw total amount (which is ₹100 here) without keeping half with banks..?? can't he do that..??
Mohini Jain
a year 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
2 years ago
That deposits with RBI is your CRR
Mandar Kharkar
2 years ago
ok. thanks
MN
Thank you Ma'am for making learning so easy
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