Chapter 11
Chapter 11 — Study Notes
NCERT-aligned · 463 notes · 3 shown free
Course Design Committee
SummaryCourse Design Committee
This section lists the members of the course design committee responsible for preparing the curriculum and textbook for 'Money, Banking & Public Finance'. The committee includes distinguished professors and academic coordinators from various universities in Rajasthan and other parts of India. Their roles include chairperson, coordinator, editor, and authors for specific units. The section also mentions the academic and administrative arrangements, production team, and copyright information. The textbook is published by Vardhman Mahaveer Open University, Kota, and the reproduction of any part of this material without written permission is prohibited.
- Course design committee comprises senior academics from multiple institutions.
- Roles include chairperson, coordinator, editor, and unit authors.
- Academic and administrative arrangements are detailed.
- Copyright and production information is provided.
- 📌 Course Design Committee: Group of experts responsible for curriculum development.
- 📌 Editor: Academic in charge of editing and finalizing the textbook content.
- 📌 Coordinator: Academic managing the coordination of content and contributors.
Unit Structure
SummaryUnit Structure
This section provides a detailed breakdown of the units included in the 'Money, Banking & Public Finance' course. There are 17 units, each covering a specific aspect of money, banking, and public finance. The units range from the meaning, functions, and importance of money, to the concepts of money supply, inflation, monetary theories, banking operations, central bank functions, international trade theories, exchange rate determination (including Gold Standard and Purchasing Power Parity), and principles of public finance including taxation and expenditure. The page numbers for each unit are specified, allowing students to navigate the textbook efficiently.
- The course consists of 17 units covering all major aspects of money, banking, and public finance.
- Topics include money definition, functions, supply, inflation, monetary theories, banking, central banking, international trade, exchange rate, and public finance.
- Page numbers for each unit are provided for easy reference.
- 📌 Unit: A section of the curriculum focusing on a specific topic.
- 📌 Exchange Rate Determination: The process of establishing the value of one currency relative to another.
- 📌 Gold Standard: A monetary system where currency value is directly linked to gold.
Course Introduction
ExplanationCourse Introduction
The introduction emphasizes the fundamental importance of money in the economic world. Geoffrey Crowther, in his book 'Outline of Money' (1951), is quoted stating that money is the most basic invention among all human inventions, comparable to the wh
All 16 Chapters in SLM - Money, Banking & Public Finance
Money, Banking & Public Finance · Vardhman Mahaveer Open University
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