Class 12 Macro Economics: Money and Banking
6 marksA container chapter for the money and banking unit covering the nature and functions of money, and the role of commercial and central banks. Contains 2 chapters with 7 topics.
Units(2)
Money
Chapter 5: Money — study the evolution of money from barter, its functions and role in the economy, money supply measures M1 through M4, and the Keynesian demand for money motives. CBSE Class 12 Macroeconomics notes covering 3 topics: Barter System, Money, and Money Supply and Demand.
Banking
Chapter 6: Money and Banking — understand how commercial banks accept deposits, advance loans, and create credit, and learn the central bank functions and monetary policy instruments used to control money supply. CBSE Class 12 Macroeconomics notes covering 4 topics: Commercial Banks, Money Creation by Commercial Banks, Central Bank Functions and Role, and Credit Control Instruments of Monetary Policy.