Monetary Policy#1: Money multiplier, Fractional Reserve, High Powered v. Narrow v. Broad Money

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- So far in the budget and economic survey series 2017 (BES17): we've covered the evolution of money with special focus on digital payment in the light of de-monetization.
- Now we shall move to monetary policy- tools, review of last one year's policies and its limitations.
- But, first we must learn how can a Central Bank control money supply and liquidity in the system?
- In his book the General theory of employment, interest and money, the famous Economist John Maynard Keynes listed the motives for which people demand and keep money in liquid form 1) transaction motive 2) precautionary motive and 3) speculative motive- also known as the asset demand of money.
- We measure the money supply thus kept as "M1"- which is currency with public plus demand deposits in the banks. Because of the fractional reserve system, Every “R” reserve generates “1/r” new money
- What is money multiplier, why is it said that in a functional economy, money multiplier is always greater than one?
- What is M0: reserve money or high powered money? Why is it called liability of RBI?
- Measures of money supply: M0, M1, M2, M3, M4. what is broad money and what is narrow money? Which one has the highest liquidity?
- How can RBI combat inflation and deflation? What type of policy strategy should it use against these two scenarios? What is easy money policy, cheap money policy, dovish money policy vs. tight money policy, dear money policy, Hawkish money policy.
- Faculty Name: You know who
- all Powerpoint available at mrunal.org/powerpoint
- Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.

Пікірлер: 325

  • @manangalav
    @manangalav7 жыл бұрын

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    @dgusain07

    4 жыл бұрын

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    @siddhantsaurabhUPSCclasses

    3 жыл бұрын

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    3 жыл бұрын

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    @KuchBhi04

    2 жыл бұрын

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    @MrSayandeep

    2 жыл бұрын

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    @yogeshkaviya

    5 жыл бұрын

    Noble prize for economics

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    @akashdodiya1245

    4 жыл бұрын

    Indeed a Gem of Our Country.

  • @Anirudh_46
    @Anirudh_464 жыл бұрын

    Fantastic explanation. What a guy! Never expects anything in return. Much appreciated. Thank you!

  • @vishug4375
    @vishug43757 жыл бұрын

    number of likes should be equal to number of views..for this gentleman's video..

  • @medhavichetan2085

    @medhavichetan2085

    7 жыл бұрын

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    @vishug4375

    7 жыл бұрын

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  • @creative_destruction

    @creative_destruction

    7 жыл бұрын

    not possible ....coz people watch it again and again

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    @vishug4375

    7 жыл бұрын

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  • @deeprahul

    @deeprahul

    7 жыл бұрын

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    @indianproud4956 Жыл бұрын

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  • @abhilashavyas4386
    @abhilashavyas43864 жыл бұрын

    One of the best teachers of Economy.. May god bless you sir

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    @aftabraza62457 жыл бұрын

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  • @vaibhavman
    @vaibhavman4 жыл бұрын

    thanks, sir I was never able to understand this M's and Now I totally understand the concept which I will never forget in my life .... thanks for teaching me, sir.

  • @kaajalb
    @kaajalb4 жыл бұрын

    Never seen Economic teacher and teaching like this..FANTASTIC SIR!

  • @saurabh_411
    @saurabh_411 Жыл бұрын

    I still prefer these videos for doubts, Thank you from the bottom of the heart sir 🙏🏼

  • @AbhishekKumar-lx5xi
    @AbhishekKumar-lx5xi7 жыл бұрын

    Thanks a lot sir...economics never looked this easy before.

  • @muksnigs
    @muksnigs7 жыл бұрын

    Modern Dronacharya !

  • @knowledgehubtricks1990
    @knowledgehubtricks19906 жыл бұрын

    You are the Best Mrunal. God Bless you with good health and Success...Thank you so much. I Am your dedicated follower.

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    @abhigaurav7 жыл бұрын

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    @Rk-94097 жыл бұрын

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  • @daya1026
    @daya10264 жыл бұрын

    Aaj ke time me Mrunal sir hi guru kahlane ke layak hai baki to sab Education ke dalal ban kar baite hai. jai gurudev hari om....

  • @abhilashavyas4386
    @abhilashavyas43864 жыл бұрын

    With easy examples it became much more easier..thank you so muchsir

  • @UG201212008
    @UG2012120087 жыл бұрын

    Our Saviour for facing UPSC !! Jai HO

  • @103mSJ
    @103mSJ5 жыл бұрын

    Many thanks for these videos sir.... Such brilliant explanations !

  • @adarshpaygan645
    @adarshpaygan6455 жыл бұрын

    extremely helpful video .. Thank you so much MRUNAL sir ji

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    @Zedkr11 Жыл бұрын

    I got my job in bank due to Mrunal Sir's video.

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    @copvimal

    6 ай бұрын

    Bhai sir ki static economic ki classes kaha se milegi

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    @jeanboy427

    4 ай бұрын

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    @DeekshaSharma-ol5kp

    3 ай бұрын

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    @jeanboy427

    3 ай бұрын

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  • @swastikabhati005

    @swastikabhati005

    23 күн бұрын

    Which exam

  • @hemant-------
    @hemant-------7 жыл бұрын

    Incredible lesson in the simple and understanding manner

  • @ganesh_speaks
    @ganesh_speaks7 жыл бұрын

    loved this new format . delete old class room videos and plz plz create those video in this new format. Thanks a lot !!

  • @neerand
    @neerand7 жыл бұрын

    this is so good.. made economy even more interesting..

  • @rahuldevmeher5590
    @rahuldevmeher55903 жыл бұрын

    Thank you very much sir...I have fully cleared this topic now🙏🙏🙏

  • @philominae
    @philominae5 жыл бұрын

    Every half an hour, I take 5 mins off your video to laugh on the jokes. How do you manage to keep a straight face all through the video. In love with u sir.

  • @newme2991
    @newme29917 жыл бұрын

    great man of economics. salute you sir 🙏

  • @ipsitpanda469
    @ipsitpanda4696 жыл бұрын

    This video is very helpful for me, as I am not from commerce background but I have interest in stock market, this videos helped me a lot. Thank you sir.

  • @jpa4174
    @jpa41747 жыл бұрын

    Very nice explanation, Excellent work sir. Excellent word itself won't sufficient for your efforts and for such a great videos.

  • @chandrabhansilawat8978
    @chandrabhansilawat89787 жыл бұрын

    excellent work sir ..dedicated to you all respect

  • @priteshsonune8074
    @priteshsonune80743 жыл бұрын

    Economics made extremely easy!!!!! Great !!!

  • @kushalambadkar9777
    @kushalambadkar97777 жыл бұрын

    ur all economic video's are excellent......sir

  • @royalera512
    @royalera5127 жыл бұрын

    Mrunal sir beyond awesome..!!!! 👌👌👌👌

  • @mahimeher380
    @mahimeher3807 жыл бұрын

    You are the world best teacher. I'am waiting for your video thankyou sir.

  • @Maxxpayne47
    @Maxxpayne475 жыл бұрын

    Sir your BES171 series can be better understood if one goes through the L1 series first, this works as a quick revision.

  • @RnjyNishad
    @RnjyNishad5 жыл бұрын

    YOU ARE BEST SIR,,,,THIS WAS THE HARDEST TOPIC FOR ME..AND I AM A MASTER OF IT,

  • @anandtiwari6405
    @anandtiwari64056 жыл бұрын

    Such an effective teaching,,,, thanks sir,,,,,,,,,,, lov u from bottom amd whole of my heart,,,,

  • @shubhanshupandey2154
    @shubhanshupandey21543 жыл бұрын

    You made it so Easy...Hats off!!

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    @vishwajeetkumar91842 жыл бұрын

    These Videos even today are one of the best

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    @simba58767 жыл бұрын

    economics is synonymous with mrunal sir :)

  • @rajnishanand9134
    @rajnishanand91343 ай бұрын

    It is because of him i got genuinely interested in economy. Got a bank job. Still watch his videos just for knowledge.

  • @Nivedita_2.25

    @Nivedita_2.25

    Ай бұрын

    But I do not understand the concept.. what can I do sir

  • @mohitukey
    @mohitukey7 жыл бұрын

    Economics = Mrunal Sir :)

  • @jakiransari9454
    @jakiransari94545 жыл бұрын

    Sir Mai India kaa PM hota to aapko finance minister aur RBI kaa governor dono banata Sir hum garibo ki duaae aapke saath h aise hi video upload karte rahie Thanks Sir You are great sir

  • @harshidaparmar6160
    @harshidaparmar61607 жыл бұрын

    After long gaps ... King is back... thank very much... Sir...

  • @pritamdey4562
    @pritamdey45624 ай бұрын

    Here in 2024?

  • @rishikathakur9524
    @rishikathakur9524 Жыл бұрын

    Thank you sir for this video and efforts! Only gratitude❤

  • @rahulshishodia3553
    @rahulshishodia35537 жыл бұрын

    sir please aapki phele ki videos 2015 wali main jinki relevancy aaj bhi hai unki list bana dijiye kyo ki main phele ki series follow ker raha hu to pata nahi lag pa raha kaun si video dekhu kyo ki Maine abhi economic start ki hai

  • @mr.senblogs362
    @mr.senblogs3625 жыл бұрын

    Bahut hi helpful lecture..... thanks sir

  • @Aryan22433
    @Aryan224337 жыл бұрын

    sir....you are god of economics......thanku sir

  • @AjitSingh-lh7cj
    @AjitSingh-lh7cj5 жыл бұрын

    Thank you so much sir. Selfless job.i have no ward to justify your job.

  • @SHUBHAJIT6
    @SHUBHAJIT66 жыл бұрын

    Sir actually which is best....thare are 3 lecture series....I am confused... kindly help me

  • @PankajKumar-ih9zf
    @PankajKumar-ih9zf6 жыл бұрын

    Salute u sir u have made many people life.

  • @gohilvishal912
    @gohilvishal9127 жыл бұрын

    Thank you sir, we were eagerly waiting!

  • @shashikantbartakke7607
    @shashikantbartakke76076 жыл бұрын

    Easy to understand presentation.. Very nice

  • @ananya6843
    @ananya68437 жыл бұрын

    I can't thank you enough Sir..

  • @LegalProceeding
    @LegalProceeding7 жыл бұрын

    Sir your example is awesome

  • @n.chaudhary6351
    @n.chaudhary63514 жыл бұрын

    word bst teacher for economics 👌

  • @timeisgod3867
    @timeisgod3867 Жыл бұрын

    the best teacher :) thanks A lot !! God bless you sir

  • @alokverma1792
    @alokverma17926 жыл бұрын

    Could you please share the link that provides for the list of relevant NCERT chapters as told by you in your 2015 lecture?

  • @rky2009
    @rky20096 жыл бұрын

    Sir your earlier economics lectures are somewhere similar to BES series so which one we have to take for better preparation?

  • @fakeid9670
    @fakeid96707 жыл бұрын

    sir please tell me do i have to see old economics lecture of murnal sir and if not please guide me i could not able to find these ppt to download

  • @alkasarkar185
    @alkasarkar1855 жыл бұрын

    sir this video and all video for economics is suitable for 2019 UPSC exam?

  • @amitsehwag414
    @amitsehwag4145 жыл бұрын

    Thanks for the help sir

  • @chanchaltomar5457
    @chanchaltomar54576 жыл бұрын

    which series is best for 2019 aspirants ? out of the 3 ??

  • @RahulRaj-pr9kr
    @RahulRaj-pr9kr7 жыл бұрын

    thanks, sir hope for good marks in prelims ..........

  • @S_s390
    @S_s390Ай бұрын

    Ur teaching is good

  • @anupamtiwari1079
    @anupamtiwari10797 жыл бұрын

    A big thank you sir ji !!

  • @shubhamvirkar3051
    @shubhamvirkar30514 жыл бұрын

    Very nice video sir specially explanation 👌

  • @bikramvirk2128
    @bikramvirk21283 жыл бұрын

    Excellent explanation 😇🙏🙏🙏🙏🙏🙏🙏

  • @navneetkumar6262
    @navneetkumar62623 жыл бұрын

    UPSC Economy ke Chakravyuh bhedne ka gyan Mrunal sir hi de skte hain 🙏

  • @suryakanttripathi7617
    @suryakanttripathi76177 жыл бұрын

    SIR YOU ARE GREAT..

  • @yesias7170
    @yesias71707 жыл бұрын

    Excellent as always.

  • @Informatic582
    @Informatic5827 жыл бұрын

    very good sir ..thank u

  • @Neonplayz69
    @Neonplayz697 жыл бұрын

    Thank you Sir....!

  • @ShiAgr
    @ShiAgr5 жыл бұрын

    Brilliant explanation for Narrow Money and Broad Money. Economics has been a bit of a hiccup for me till now, but I can definitely say, it won't be any longer. Thank you!

  • @smitajaiswal4505

    @smitajaiswal4505

    5 жыл бұрын

    Is is relevant for 2020 too?

  • @prometheus007

    @prometheus007

    2 жыл бұрын

    It's core banking and it's evergreen.

  • @vishald.doshi13
    @vishald.doshi134 жыл бұрын

    Awesome sir....Thc

  • @DEV-ey8jb
    @DEV-ey8jb6 жыл бұрын

    if money multiplier is 1/r based on reserve system... then what is M3/M0 ratio called?? It is also money multiplier as per given in ramesh singh... I am confused ...

  • @ishansharma5787
    @ishansharma57876 жыл бұрын

    You're amazing!

  • @fuzzyfaisalgmail
    @fuzzyfaisalgmail7 жыл бұрын

    Problem is thousands of people are watching these days. Its just increasing the competition! Wish I was the only one learning from him. I see why exclusivity is desirable..

  • @Sonikush14k
    @Sonikush14k7 жыл бұрын

    thanks a lot mrunal sir

  • @himanshunaik1961
    @himanshunaik19617 жыл бұрын

    What about the cash with banks (point number 2 in the table) 21:04 it's not included in either M0, M1, M2, M3, M4

  • @sayanchakraborty388
    @sayanchakraborty3886 жыл бұрын

    sir aloknath example is very good .i like your example person

  • @RashmiSharma-du4pg
    @RashmiSharma-du4pg6 жыл бұрын

    very helpful video..

  • @GiRth1
    @GiRth16 жыл бұрын

    Fantastic👏👏👏

  • @gswithyadavajay3461
    @gswithyadavajay34617 жыл бұрын

    great sir....thanks

  • @sohamkulkarni4880
    @sohamkulkarni48805 жыл бұрын

    Which one videos to be watched for 2019 pre

  • @ambrishtripathi3356
    @ambrishtripathi33567 жыл бұрын

    Sir we are thankful ki aap hame aise khila rahe hain :D

  • @asjadkamal3775
    @asjadkamal37755 жыл бұрын

    God bless you sir..

  • @brijrajsingh6350
    @brijrajsingh63506 жыл бұрын

    excellent sir

  • @shobhitdubey7028
    @shobhitdubey70284 жыл бұрын

    But in ncert it is given that italso includes govt deposits with RBI :- IN high powered money

  • @pratikpratik4581
    @pratikpratik45817 жыл бұрын

    Mrunal sir.. In this new economic survey series Total kitne vedio honge? Plz reply soon

  • @daraneebur5748
    @daraneebur57486 жыл бұрын

    God bless you sir.

  • @ajayjoshi5957
    @ajayjoshi59574 жыл бұрын

    I salute u sir.

  • @rishavkrishna6867
    @rishavkrishna68677 жыл бұрын

    thank you sir.

  • @anooppaswan7938
    @anooppaswan79383 жыл бұрын

    thank u sir

  • @asis5377
    @asis53777 жыл бұрын

    Sir JPSC mains exam 25 may 2017 se start honge toh plz aap jaladi jyada videos upload karwa dijiye aur agar possible ho toh geography ke videos new format me upload karwa dijiye ... Polity and public adminstration ke bhi .. ..thank you

  • @lifeisgame1378
    @lifeisgame13787 жыл бұрын

    sir please prelims k phle krwa dena survey hum bs apke h sahare h. ekdm basic s suru kiy h ap to may be this time more video than last year:-)(

  • @dollyverma7844
    @dollyverma78442 жыл бұрын

    Thank you so much sir🙏

  • @Always--jit
    @Always--jit5 жыл бұрын

    Very Good

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