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High powered money or powerful money refers to that currency that has been issued by the Government and Reserve Bank of India. Some portion of this currency is kept along with the public while rest is kept as funds in Reserve Bank. High powered money is also known as secured money (RM) because banks keep with them Reserve Fund (R) and on the bases of this Demand deposits (DD) are created. Since the bases of creation of credit is Reserve Fund (R) and R is obtained as a part of high powered money (H) Security fund so high powered money is termed as Base money . The components of high powered money are: ü Currency with the public ü Other Deposits with RBI ü Cash with Banks Banker’s Deposits with RBI
Monthly incomes of Anil and Sunil are Rs. 36,000 and Rs. _______, respectively. Anil and Sunil save 22% and 28% of their respective incomes. The differe...
Find X's monthly income if the combined income of X and Y amounts to Rs. 36,000, and both X and Y spend 75% and 80% of their incomes, respectively, with...
The expenditure-to-savings ratio for Person 'A' is 5:4. If their income rises by 25% and their savings grow by 31.25%, what perce...
Out of his total monthly salary, a man spends 20% on transportation and 40% on food. Out of the remaining salary, he spends 10% on fuel and saves the re...
The incomes of Abhinav and Bishnu are in the ratio 4:3, and their savings are in the ratio 3:1. Both spend Rs. 5,000 each. Determine the difference betw...
The income of person P is Rs. 3000 greater than the income of person Q. If each spends 70% of their respective incomes, what is the difference between t...
Riya, Meena, and Priya spend 30%, 24%, and 32% of their income on hobbies respectively. Riya and Meena earn the same amount, and the difference between ...
The income to expenditure ratio for Pawan and Qureshi is 5:2 and 5:3, respectively. If the sum of their incomes is Rs. 5,500 and Pawan's savings are Rs....
The Salary ratio of Prachi to Qureshi is 8:5. Prachi spends 75% of her Salary, while Qureshi spends 40% of his Salary.The difference in their savings am...
Determine Rohit's monthly salary if he allocated 40% of it to house rent, then 32% of the remaining amount on traveling. After accounting for his food e...
