International Journal For Multidisciplinary Research

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An Analysis of the Nature of Money Supply in India & Its Expected Causes

Author(s) SUVANT KUMAR VERMA
Country India
Abstract Money supply refers to the aggregate of money circulating in an economy. It is an important macroeconomic variable responsible for significant changes in an economy. The study is significant for different stakeholders such as policy-makers, investigators, researchers, and educational institutions etc. The study would also help in determining the lump-sum earnings in the hands of people.
The study focuses on the fluctuations in money supply after implementation of PM Jan-Dhan Yojana i.e. August, 2014. The study also elaborates the conceptual understandings and theoretical relations of money supply with significant factors regarding money supply fluctuations in India.
For the analytical study, the quantitative information regarding money supply i.e. reserve money & broad money have been gathered from different research articles, weekly, monthly & annual publications, and different authentic sources etc.
After analyzing the gathered data with the help of trend analysis & descriptive statistics, that different decisions like PM Jan-Dhan Yojana, Demonetization, Kisan Samman Nidhi Yojana, Withdrawal of Rs.1.76 Lakh from RBI and its spending on unplanned expenditures. Decisions made due to covid-19 pandemic.
Keywords Concept of Reserve money (M0), Broad money (M3): Components & sources, Expected causes of fluctuating money supply.
Published In Volume 5, Issue 4, July-August 2023
Published On 2023-07-25
Cite This An Analysis of the Nature of Money Supply in India & Its Expected Causes - SUVANT KUMAR VERMA - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.4649
DOI https://doi.org/10.36948/ijfmr.2023.v05i04.4649
Short DOI https://doi.org/gsh5z8
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