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Day: April 2, 2024

Write a note on Supply of money.

2 April, 2024 Haseena Banu 0 Comments ECONOMICS 2 UNIT-1

Meaning: The supply of money, often referred to as the money supply, includes all forms of money in an economy that are readily available for spending. It includes both physical currency and various types of

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Define money? Explain the functions of money.

2 April, 2024 Haseena Banu 0 Comments ECONOMICS 2 UNIT-1

Meaning of Money: Money is a monetary thing which is acceptable by all, generally it is a material of exchange. What we use to pay for things is referred as money. Money is an important

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What are commercial banks? Explain its credit creation.

2 April, 2024 Haseena Banu 0 Comments ECONOMICS 2 UNIT-2

Introduction: Commercial banks are financial institutions that offer services to individuals, businesses, and other organizations. They are primarily engaged in accepting deposits from customers and providing loans and credit facilities, among other financial services. Credit

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