Year
Major Monetary Ratios
Income Velocity
C/DD
BR/DD
C/AD
BR/AD
M1/RM
M3/RM
GDP/M3
GDP/M1
GDP/C
1
2
3
4
5
6
7
8
9
10
1970-71
1.53
0.14
0.68
0.06
1.51
2.26
4.42
6.62
11.03
1971-72
1.46
0.63
2.34
4.14
6.32
10.73
1972-73
1.31
0.57
1.59
2.48
3.92
6.15
10.90
1973-74
1.29
0.20
0.55
0.09
2.43
3.98
6.33
11.27
1974-75
1.20
0.18
0.51
0.07
2.58
6.69
12.31
1975-76
1.09
0.15
0.45
1.68
2.81
3.96
6.63
12.77
1976-77
1.02
0.41
2.93
3.56
6.20
12.32
1977-78
1.00
0.24
0.37
1.61
2.96
3.36
6.16
12.34
1978-79
1.58
0.47
0.35
0.10
1.26
2.95
3.02
7.09
11.70
1979-80
1.52
0.34
0.12
1.22
2.88
2.76
6.54
10.99
1980-81
1.49
0.56
0.32
1.21
2.82
6.88
11.63
1981-82
1.40
0.30
3.04
7.04
12.15
1982-83
1.43
0.29
3.15
2.75
12.12
1983-84
0.11
3.21
2.72
7.20
12.19
1984-85
1.48
0.60
1.19
3.14
6.81
11.50
1985-86
0.61
0.28
3.24
2.50
11.62
1986-87
1.36
0.26
0.13
1.16
3.22
2.38
6.64
11.59
1987-88
1.41
0.82
1.08
3.08
2.31
6.58
11.32
1988-89
1.39
0.86
0.25
1.06
2.35
6.82
11.81
1989-90
1.35
0.85
0.16
1.07
2.27
6.55
11.47
1990-91
1.37
0.81
3.11
2.28
6.52
11.43
1991-92
1.27
0.78
1.11
2.23
6.28
11.39
1992-93
1.25
0.76
0.23
3.20
2.17
6.23
11.61
1993-94
1.34
0.80
3.19
2.15
6.30
1994-95
1.10
3.12
2.12
5.99
10.97
1995-96
0.75
3.10
10.60
1996-97
0.64
1.17
3.39
2.13
6.17
10.80
1997-98
3.60
2.02
6.13
10.71
1998-99
0.62
0.22
3.84
1.95
6.29
11.07
1999-00 P
0.21
4.02
1.85
6.10
2000-01 P
1.33
0.08
4.32
.
P : Provisional.C : Currency with the Public.DD : Demand Deposits with Banks.BR : Bank Reserves (Balances with RBI plus cash with banks).AD : Aggregate Deposits.M1 : Narrow Money.RM : Reserve Money.M3 : Broad Money.GDP : Gross Domestic Product at current market prices.