Thanks for replying But how this increase the excess revenue with RBI ... it's written in the ans that when RBI lends to govt their excess revenue (commercial banks balance with RBI) increase...and which in turn lead to inc in money supply through multiplier effect ?..
Thanks for replying
But how this increase the excess revenue with RBI … it’s written in the ans that when RBI lends to govt their excess revenue (commercial banks balance with RBI) increase…and which in turn lead to inc in money supply through multiplier effect ?..
Money Supply Query
Thanks for replying But how this increase the excess revenue with RBI ... it's written in the ans that when RBI lends to govt their excess revenue (commercial banks balance with RBI) increase...and which in turn lead to inc in money supply through multiplier effect ?..
Thanks for replying
See lessBut how this increase the excess revenue with RBI … it’s written in the ans that when RBI lends to govt their excess revenue (commercial banks balance with RBI) increase…and which in turn lead to inc in money supply through multiplier effect ?..