CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

High-powered money is also called:



A

Monetary Base

loader
B

M1

loader
C

M1+M3

loader
D

M4

loader

Solution

The correct option is D. Monetary Base



High powered money is the liability of the monetary authority of the country. This is also called the monetary base and is created by the RBI.


Economics

Suggest Corrections
thumbs-up
 
0


similar_icon
Similar questions
View More


similar_icon
People also searched for
View More



footer-image