Question:

In monetary terminology, what is called the 'monetary base' or 'high powered money' ?

Updated On: Jul 31, 2024
  • the total assets of RBI
  • the total liability of RBI
  • the total debt of the government
  • the total foreign exchange of RBI
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The Correct Option is B

Solution and Explanation

The correct option is (B) :the total liability of RBI.
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