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CBSE 12th Economics Exam Prep
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Module 3
Money and Banking
Understanding M1 Money Supply
Define money supply with a focus on the M1 measure and its components.
2
RBI's Credit Control: Key Functions
Explain the key functions of the Central Bank (RBI), focusing on its role as controller of credit.
3
The Credit Creation Process: An LRR Example
Explain the process of credit creation by commercial banks using an example with a given Legal Reserve Ratio (LRR).
4
Understanding the Money Multiplier
Define the money multiplier, derive its formula (1/LRR), and explain its relationship with the credit creation process.
5
Calculating Money Creation and the Money Multiplier
Solve numerical problems on total deposit/credit creation and the money multiplier.
6
Monetary Policy Instruments and Money Supply Control
Describe the instruments of monetary policy used to control money supply (Repo Rate, CRR, SLR, OMOs).
7
CBSE Board Paper Practice: Money and Banking (2019-2024)
Solve representative CBSE board paper questions on money and banking (2019–2024).
Previous module
National Income: Calculation and Application
Next module
Income and Employment: Core Theory