Economic Hour

 What is Central Bank ? Quantitative and Qualitative Instruments of Monetary Policy In this article we are discussing about the credit and money supply control   function of the central Bank   After reading this article you will be able to answer the following questions of class 12th macroeconomics unit Money and banking   Q. What is Central Bank? Q. Controller of money supply and credit in the economy? Q. What are the various Quantitative and Qualitative Instruments of Monetary Policy control in the economy? Q. How various instruments of money supply control acts in the situation of excess demand and deficient demand.   Central Bank Monetary policy CENTRAL BANK : A central bank is it top most and apex institution in any country which operates, controls, directs, and regulate the monetary and banking structure of the specified country, not only this Central Bank acts as a leader of the money market. In India the Reserve Bank of India is t...

Function of the Central Bank Class12 Economics This article will help you to understand the Concept of Central Bank and it's functions in a easy and effective manner. Of Class 12 Macroeconomics  Unit : Money and Banking Functions it perform as an 'apex' body in any economy. After reading the article you will be able to answer the following questions : What is Central Bank? Meaning of Central Bank? Role of central Bank? What are the functions of Central Bank?   Let's first understand What is a Bank?   "Bank is an organisation whose principal operations are concerned with the accumulation of the temporary Idol money of the general public for the purpose of advancing it to others for expenditure in any economy"   Central Bank : A central bank is it top most and epics institution in any country which operates, controls, directs, and regulate the monetary and banking structure of the specified country, not only this Central Bank acts as...

  Money and Banking Class 12 Notes This article will help you understand the Unit : Money and Banking Class12 of Macroeconomics in an easy and effective manner.   After reading this article you will be able to answer the following questions of , Class 12 Macroeconomics Money and Baking . And if you want to read about Barter System , and evolution of Money You must refer this article Money and Banking Class 12 In the Beginning of the Unit the Concept of Money and it's functions are explained in detail with an overview of the whole unit. What is money? What are the functions of Money? What is Barter system? What are the problems in Barter system? What is supply of money? Measures of Money Supply? Meaning of banking? Functions of Banking? What is central bank and it's functions?   Money : Money is anything which is widely accepted as a medium of exchange and has measure of value for the exchange of goods and services and to meet...

  BARTER SYSTEM AND Evolution of MONEY   Define Barter System . Barter system is the primitive time system which was used for direct exchange of the goods. One commodity for other. In other words it is known as Commodity to commodity economy "CtoC"   economy that is commodity to commodity.   Barter System CONTENTS : What is barter system? Difficulties in Barter system? What gave rise to currency notes, money in the economy? What is money? Evolution of Money? Functions of Money?       Barter system is the primitive time system which was used for direct exchange of the goods. One commodity for other. In other words it is known as Commodity to commodity economy "CtoC"   economy that is commodity to commodity. Barter system was used in older times when our needs were simple and non complex . Example of Barter System A farmer 2 kg of rice and want it to exchange with 2 piece of cloth therefore this system (bart...