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Solutions for Chapter 3: Money And Banking
Below listed, you can find solutions for Chapter 3 of CBSE NCERT for Economics - Introductory Macroeconomics [English] Class 12.
NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 3 Money And Banking Exercises [Page 50]
What is a barter system? What are its drawbacks?
What are the main functions of money? How does money overcome the shortcomings of a barter system?
What is transaction demand for money? How is it related to the value of transactions over a specified period of time?
What are the alternative definitions of money supply in India?
What is a ‘legal tender’? What is ‘fiat money’?
What is High Powered Money?
Explain the functions of a commercial bank.
What is money multiplier? What determines the value of this multiplier?
What are the instruments of monetary policy of RBI?
Do you consider a commercial bank ‘creator of money’ in the economy’?
Solutions for 3: Money And Banking
![NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking - Shaalaa.com](/images/9788174507150-economics-introductory-macroeconomics-english-class-12_6:7c5f88e78cfa478383b532f5ab74ccfc.jpg)
NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking
Shaalaa.com has the CBSE Mathematics Economics - Introductory Macroeconomics [English] Class 12 CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Economics - Introductory Macroeconomics [English] Class 12 CBSE 3 (Money And Banking) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
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Concepts covered in Economics - Introductory Macroeconomics [English] Class 12 chapter 3 Money And Banking are Secondary Functions, Standard of Deferred Payment, Money - Store of Value, Money - Transfer of Value, Meaning of Supply of Money, Concept of Barter Exchange, Difficulties Involved in the Barter Exchange, Monetary Payments, Commercial Banks, Currency Held by the Public and Net Demand Deposits Held by Commercial Banks, Money Creation Or Credit Creation by the Commercial Banking System, Function of Central Bank - Bank of Issue, Meaning of Money, Primary Function, Central Bank Function - Goverment Bank, Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Control of Credit Through Bank Rate, Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), Demand for Money, Policy Tools to Control Money Supply, Balance Sheet of a Fictional Bank, Limits to Credit Creation and Money Multiplier, Definition - Central Bank, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin Requirement.
Using NCERT Economics - Introductory Macroeconomics [English] Class 12 solutions Money And Banking exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Economics - Introductory Macroeconomics [English] Class 12 students prefer NCERT Textbook Solutions to score more in exams.
Get the free view of Chapter 3, Money And Banking Economics - Introductory Macroeconomics [English] Class 12 additional questions for Mathematics Economics - Introductory Macroeconomics [English] Class 12 CBSE, and you can use Shaalaa.com to keep it handy for your exam preparation.