Economy Basics for UPSC Ep.02: Money Supply Measures M0-M4, Multiplier, Liquidity Preference Theory скачать в хорошем качестве

Economy Basics for UPSC Ep.02: Money Supply Measures M0-M4, Multiplier, Liquidity Preference Theory

1. 💾 Download PPT of this Lecture https://unacademy.com/class/mrunals-e... 2. 👩🏻‍🏫 Join Unacademy Coaching for Prelims + Mains: https://unacademy.com/goal/upsc-civil... 3. 📘 Amazon pe Mrunal’s Economy Book: https://amzn.to/3Jb5rf7 4. 📆 Free Annual economy updates Win26: Mrunal.org/win26 5. 💾 Free Download the topicwise PYQ paperset, monthly current affairs magazine, & more from https://unacademy.com/content/upsc/do... Timestamps 0:00 Introduction & Snow White 0:45 Why Not Deposit All Money in Bank? 1:22 Three Motives for Holding Cash 1:42 Liquidity Preference Theory 2:15 Money Multiplier Story Begins 2:43 Economy Pillars Overview 3:55 Previous Lecture Reminder 4:20 Free PPT Download 4:48 Lecture Objectives 5:08 NCERTRationalization 6:47 Bank Assets vs Liabilities 7:48 Public Currency & Bank Deposits 8:08 UPSC 2019 MCQ Solved 8:42 Demand vs Time Deposits 9:39 Liquidity Concept with Examples 10:39 Advanced Topics Teaser 11:15 Unacademy Subscription 12:49 Fiscal vs Monetary Policy 13:59 Why Measure Money Supply? 14:44 Money Supply Indicators (M0–M4) 15:39 M1 Formula (Narrow Money) 16:28 M3 Formula (Broad Money) 17:25 Liquidity in Money Supply 17:45 Money Multiplier Effect 18:21 Case Study-Zero Deposits 19:31 Case Study-Full Deposit 21:17 Double Counting Explained 21:38 Multiplier Calculation 22:24 CRR Introduction & Role 23:23 Case Study with 10% CRR 24:21 Updated Multiplier 24:47 Inverse Relation of CRR 26:10 Additional Factors Affecting 27:44 Summary of Multiplier Factors 28:01 UPSC MCQ Withdrawal 29:28 Mock Test UAIPMT 30:12 UPSC PYQ on Multiplier 31:21 PYQ Repeat Pattern 31:44 M0 High-Powered Money 32:59 M0 Formula Breakdown 34:20 Currency in Circulation 35:16 Bankers' Deposits with RBI 36:35 Other Deposits with RBI 37:29 M0 Creation-Assets 38:25 RBI Act & FRBM Constraints 42:27 Complete Summary Slide 43:45 Next Lecture Preview 44:46 Free Economy Win26 Series In this comprehensive video lecture, renowned UPSC Educator and Economy Subject Expert Dr. Mrunal Patel delves into the fundamental concepts of macroeconomics, focusing on money supply and related theories. This session is part of the Economy Basics series, designed specifically for job aspirants in India preparing for competitive exams such as UPSC Civil Services, SSC-CGL, State Public Service Commissions (State PSC), Banking exams like IBPS and RBI, CAPF, CDS, ACIO, APFC, and more. Dr. Patel breaks down complex topics into simple, exam-oriented explanations, drawing from NCERT textbooks and previous UPSC questions to ensure you build a strong foundation. The lecture begins with an engaging story using characters like Snow White to illustrate why individuals don't deposit all their money in banks, retaining some cash for transactions, precautions, and speculation. This leads into John Maynard Keynes' Liquidity Preference Theory, a key concept from classical macroeconomics that's frequently tested in exams. Dr. Patel emphasizes its relevance to NCERT Class 12 Economics, urging students to focus on conceptual understanding rather than rote memorization, as UPSC questions post-2011 CSAT syllabus often test application over verbatim recall. Moving forward, Dr. Patel explains the asset-liability structure of banks. Using examples like loans to Vijay Mallya, he clarifies how loans are assets for banks (generating interest) while deposits are liabilities (to be returned). He highlights non-performing assets (NPAs) and their implications, tying it back to real-world banking scenarios. A 2019 UPSC question is solved live to demonstrate how deposits aren't assets for banks, reinforcing the point. Next, the types of bank deposits are covered: demand deposits (current and savings accounts) offering low interest but high liquidity, versus time deposits (fixed deposits) with higher interest but penalties for premature withdrawal. Liquidity is defined as the ease of converting assets to cash, with examples like gold versus real estate. Dr. Patel assigns liquidity ratings to money supply components, preparing viewers for advanced topics. The core of the lecture is on money supply indicators. Starting with M1 (narrow money: currency with public + demand deposits), he progresses to M3 (broad money: M1 + time deposits), explaining formulas based on NCERT. He warns that while economic surveys and RBI websites may use more complex versions, NCERT-level understanding suffices for prelims. Post-office savings are briefly mentioned for M4, but the focus remains on basics. Alternative Titles: 1. UPSC Economy Pillar 1B: Understanding Money Supply M0-M4, Keynes' Theory & Banking Concepts 2. Money Supply Indicators, Bank Deposits & CRR: Essential Economics for Competitive Exams | Dr. Mrunal Patel 3. Liquidity Preference Theory, Money Multiplier & RBI Policies: UPSC Prep Lecture by Mrunal Patel