In this article we will discuss about Bretton woods, floating exchange rate and European monetary system. International monetary system refers to the monetary and exchange rate arrangements adopted by the countries for the smooth functioning and expansion of international trade. International monetary system influences the interdependence of open national economies. Efficiency of an international monetary […]
International Monetary System: Bretton Woods, Floating Exchange Rate & European Monetary System
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Features of India’s Monetary System
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In this article we will discuss about the internal and external features of India’s monetary system. Internal Features of India’s Present Monetary System: The following are the features of present monetary system of India: 1. Unit of Money: The unit of money in India is the rupee, it is not only a medium of exchange […]
Money Supply in India
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In this article we will discuss about the money supply in India:- 1. Meaning of Money Supply 2. Components of Money Supply 3. Total Volume 4. System of Issue of Currency in India or Present Method of Regulating Note Issue by RBI. Meaning of Money Supply: The monetary system prevailing in India at present is […]