SSC CGL Exam > SSC CGL Videos > SSC CGL Tier 2 - Study Material, Online Tests, Previous Year > Legal Definitions: Broad money and Narrow Money
Legal Definitions: Broad money and Narrow Money Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
|
1365 videos|1312 docs|1010 tests
|
FAQs on Legal Definitions: Broad money and Narrow Money Video Lecture - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
| 1. What is the definition of broad money? |  |
Ans. Broad money refers to the total amount of money in circulation within an economy. It includes physical currency, such as coins and banknotes, as well as the balances held in checking accounts and other types of demand deposits.
| 2. What is the definition of narrow money? | |
Ans. Narrow money, also known as M1, represents the most liquid forms of money in an economy. It includes physical currency, such as coins and banknotes, along with the balances held in checking accounts that can be easily accessed for transactions.
| 3. What is the difference between broad money and narrow money? | |
Ans. The main difference between broad money and narrow money lies in their components. Broad money includes a wider range of assets, such as savings accounts and time deposits, while narrow money represents only the most liquid forms of money, including physical currency and checking account balances.
| 4. Why is it important to measure broad money and narrow money separately? | |
Ans. Measuring broad money and narrow money separately is important because it provides insights into the overall liquidity and stability of an economy. It helps policymakers in monitoring the money supply growth, assessing inflationary pressures, and formulating appropriate monetary policies.
| 5. How are broad money and narrow money indicators used in economic analysis? | |
Ans. Broad money and narrow money indicators are used in economic analysis to understand the behavior of money supply and its impact on various economic variables. Economists and policymakers analyze these indicators to assess the level of liquidity in the economy, measure inflationary pressures, and gauge the effectiveness of monetary policies. Additionally, these indicators are often used to study the velocity of money, which measures how quickly money circulates within the economy.
Related Exams
About this Video
|
4.96/5 Rating |
|
Dec 22, 2024 Last updated |
Video Description: Legal Definitions: Broad money and Narrow Money for SSC CGL 2024 is part of SSC CGL Tier 2 - Study Material, Online Tests, Previous Year preparation.
The notes and questions for Legal Definitions: Broad money and Narrow Money have been prepared according to the SSC CGL exam syllabus.
Information about Legal Definitions: Broad money and Narrow Money covers all important topics for SSC CGL 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Legal Definitions: Broad money and Narrow Money.
Introduction of Legal Definitions: Broad money and Narrow Money in English is available as part of our SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL & Legal Definitions: Broad money and Narrow Money in
Hindi for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year course. Download more important topics related with notes, lectures and mock test series for
SSC CGL Exam by signing up for free.
Description
Video Lecture & Questions for Legal Definitions: Broad money and Narrow Money Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year - SSC CGL full syllabus preparation | Free video for SSC CGL exam to prepare for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year.
Information about Legal Definitions: Broad money and Narrow Money
Here you can find the meaning of Legal Definitions: Broad money and Narrow Money defined & explained in the simplest way possible.
Besides explaining types of Legal Definitions: Broad money and Narrow Money theory, EduRev gives you an ample number of questions to practice Legal Definitions: Broad money and Narrow Money tests,
examples and also practice SSC CGL tests.
|
1365 videos|1312 docs|1010 tests
|
|
Explore Courses for SSC CGL exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
study material
,Online Tests
,practice quizzes
,Free
,video lectures
,Online Tests
,Summary
,MCQs
,Objective type Questions
,Important questions
,past year papers
,Previous Year
,Legal Definitions: Broad money and Narrow Money Video Lecture | SSC CGL Tier 2 - Study Material
,Previous Year Questions with Solutions
,Semester Notes
,Extra Questions
,ppt
,Exam
,Legal Definitions: Broad money and Narrow Money Video Lecture | SSC CGL Tier 2 - Study Material
,Previous Year
,shortcuts and tricks
,Legal Definitions: Broad money and Narrow Money Video Lecture | SSC CGL Tier 2 - Study Material
,Viva Questions
,mock tests for examination
,Online Tests
,Previous Year
,Sample Paper
;
Study Legal Definitions: Broad money and Narrow Money on the App
Students of SSC CGL can study Legal Definitions: Broad money and Narrow Money alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Legal Definitions: Broad money and Narrow Money,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Legal Definitions: Broad money and Narrow Money is prepared as per the latest SSC CGL syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup