MONEY | MINDMAPS | ECONOMY | UPSC CSE скачать в хорошем качестве

MONEY | MINDMAPS | ECONOMY | UPSC CSE

MONEY | MINDMAPS | ECONOMY | UPSC CSE Paper or Promise? 💸 In this mindmap video for UPSC CSE, we decode the evolution of **Money**—from the Barter System to Bitcoin—and the technical formulas used by the RBI to measure money supply. We break down the crucial difference between *Fiat Money* and **Legal Tender**, the hierarchy of **Liquidity (M1 to M4)**, and the magic of the **Money Multiplier**. 💸 *Video Mindmap: Money & Money Supply* ► *1. Evolution of Money* • *Commodity Money:* Barter (Double Coincidence of Wants needed). • *Metallic Money:* Gold/Silver coins (Intrinsic Value = Face Value). • *Paper Money:* Promissory notes. • *Fiat Money:* Value derived from Government Order (Fiat). No intrinsic value. • *Legal Tender:* Money that cannot be refused for settlement of debt. • Limited Legal Tender: Coins (up to ₹1000). • Unlimited Legal Tender: Currency Notes. ► *2. Measures of Money Supply (The "M" Formulas)* • *M1 (Narrow Money):* Currency with Public + Demand Deposits (DD) + Other Deposits with RBI. • Most Liquid. 💧 • *M2:* M1 + Savings deposits with Post Office. • *M3 (Broad Money):* M1 + Time Deposits (Fixed Deposits/Recurring Deposits). • Most Commonly Used by RBI. • *M4:* M3 + Total deposits with Post Office (Excluding NSC). • Least Liquid. 🧱 ► *3. Reserve Money (M0 / High-Powered Money)* • Currency in Circulation + Bankers' Deposits with RBI + Other Deposits with RBI. • This is the base for credit creation. ► *4. Money Multiplier (High Yield)* • The ratio of Broad Money (M3) to Reserve Money (M0). • *Concept:* It shows how much money banks can create from the initial deposits. • *Factors:* Increases with banking habits; Decreases with high CRR/SLR. This video is the foundation for understanding the Banking System (GS-3). 🔔 *Subscribe* for the next video on The Reserve Bank of India (RBI) Functions! Download the High-Res Mindmap PDF: [Your Telegram Link] *Related Playlists:* ► Indian Economy (Complete Series): [Link] ► Economy Mindmaps: [Link] #MoneySupply #M1M2M3 #MoneyMultiplier #FiatMoney #LegalTender #BroadMoney #ReserveMoney #IndianEconomy #UPSC #LiquidityTrap #Demonetization