Download the BYJU'S Exam Prep App for free IAS preparation videos & tests - Download the BYJU'S Exam Prep App for free IAS preparation videos & tests -

What is the transaction demand for money?

The amount of money required for current transactions of companies and individuals is known as transaction demand for money. An example of transaction demand for money is carrying money in your pocket to buy groceries, utensils, to buy a train ticket etc. You can read about the Money Supply in Economy – Types of Money, Monetary Aggregates, Money Supply Control in the given link.

Further readings:

  1. Monetary Policy Committee (MPC) – Structure, Objectives UPSC Notes
  2. Monetary Policy – Objectives, Role, Instruments

Related Links

Financial Market – Difference Between Money Market & Capital Market

Black Money: Definition, Sources & Measures to Curb Black Money

Demand and Supply – Demand Curve, Supply Curve & Market Equilibrium (UPSC Economy)

Statutory Liquidity Ratio (SLR) – Definition, Objective & Impact

Inflation in Economy- Types of Inflation, Inflation Remedies [UPSC Notes]

Previous Years Economics Mains Questions 

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*