Glossary Terms

03

Nov'17

Monetary Policy

Monetary policy is the policy of the Central Bank, influencing the cost and availability of money by using various policy …

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03

Nov'17

Clean Note Policy

Reserve Bank of India has been continuously making efforts to make good quality banknotes available to the members of public. The …

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03

Nov'17

Currency note denominations in India

          At present (as on October 2017), notes are issued in denominations of: Rs. 5, Rs. 10, Rs 20, Rs. …

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03

Nov'17

Currency printing in India

Four printing presses actively print notes: Dewas in Madhya Pradesh, Nasik in Maharashtra, Mysore in Karnataka, and Salboni in West …

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03

Nov'17

Legal tender money

Legal tender money is the officially issued money by the authority or central banks which is used for medium of …

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03

Nov'17

Broad money

Broad money Broad money has a broader definition of money by including less liquid deposits like time deposits of banks …

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03

Nov'17

Narrow Money

The term Narrow money is interpreted from the angle of liquidity. Most liquid bank deposits are included under narrow money …

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03

Nov'17

Reserve Money

Reserve money is the central bank issued money that function as the monetary base of an economy and it mostly …

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03

Nov'17

Currency design in India

Government of India in consultation with the Reserve Bank of India decides the design of banknotes. In terms of Section …

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03

Nov'17

Currency chests

Currency chests are RBI facilities to keep currency notes and its distribution across the country. RBI has nearly 4000 currency …

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