The Reserve Bank of India (RBI) manages and prints currency notes in India. The denomination of currency notes that should be circulated in the economy is decided by the Government of India. You can read about the Money Supply in Economy – Types of Money, Monetary Aggregates, Money Supply Control in the given link.
The total quantity of money that can be included in the economy is known as money supply. RBI uses 4 different methods to measure the supply of money in India.
Further readings:
- Monetary Policy Committee (MPC) – Structure, Objectives UPSC Notes
- Monetary Policy – Objectives, Role, Instruments
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