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What is Types and Measures of Indian Currency about?

The document provides an overview of the Indian currency system, detailing the money supply and its classifications (M0, M1, M2, M3, M4) as defined by the Reserve Bank of India. It also describes various types of money, including commodity, fiat, fiduciary, and plastic money, along with concepts like near money, dear money, and cryptocurrency. Additionally, it discusses the Central Bank Digital Currency (CBDC) and its functionalities, including programmability and offline capabilities for transactions.

Author

honeybby1947

Language

EN