Across
- 5. paper money Money issued on the order of the government
- 7. bank who controls credit
- 8. repo rate The rate at which the central bank accepts deposits from the commercial banks
- 9. system Refers to exchange of goods for goods
Down
- 1. policy Also known as credit policy
- 2. money Also called as non-legal tender money
- 3. reserve ratio The ratio of total deposits that a commercial bank has to keep with RBI
- 4. bank Money issued on the order of the government
- 5. bodied money Whose face value and intrinsic value are equal
- 6. rate the rate of interest at which central bank lends to commercial banks to meet their long term needs
- 7. money when face value exceeds commodity value ,the form of money is
