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Handbook of Statistics on Indian Economy
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Date : Aug 31, 2004
Table 223 : Select Monetary Ratios
Year
Major monetary ratios
Income velocity
C/DD
BR/DD
C/AD
BR/AD
M
1
/RM
M
3
/RM
GDP/M
3
GDP/M
1
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
11.02
1971-72
1.46
0.14
0.63
0.06
1.53
2.34
4.14
6.32
10.73
1972-73
1.31
0.14
0.57
0.06
1.59
2.48
3.92
6.15
10.90
1973-74
1.29
0.20
0.55
0.09
1.53
2.43
3.98
6.33
11.27
1974-75
1.20
0.18
0.51
0.07
1.59
2.58
4.14
6.69
12.31
1975-76
1.09
0.15
0.45
0.06
1.68
2.81
3.96
6.63
12.77
1976-77
1.02
0.18
0.41
0.07
1.68
2.93
3.56
6.20
12.32
1977-78
1.00
0.24
0.37
0.09
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
0.55
0.34
0.12
1.22
2.88
2.76
6.54
10.99
1980-81
1.49
0.56
0.32
0.12
1.21
2.95
2.82
6.88
11.63
1981-82
1.40
0.57
0.30
0.12
1.22
3.04
2.82
7.04
12.15
1982-83
1.43
0.56
0.29
0.12
1.22
3.15
2.75
7.09
12.12
1983-84
1.46
0.57
0.29
0.11
1.21
3.21
2.72
7.20
12.19
1984-85
1.48
0.60
0.29
0.12
1.19
3.14
2.58
6.81
11.50
1985-86
1.43
0.61
0.28
0.12
1.19
3.24
2.50
6.81
11.62
1986-87
1.36
0.68
0.26
0.13
1.16
3.22
2.38
6.64
11.59
1987-88
1.41
0.82
0.26
0.15
1.08
3.08
2.31
6.58
11.32
1988-89
1.39
0.86
0.25
0.15
1.06
3.08
2.35
6.82
11.81
1989-90
1.35
0.85
0.25
0.16
1.07
3.08
2.27
6.55
11.47
1990-91
1.37
0.81
0.25
0.15
1.09
3.11
2.28
6.52
11.43
1991-92
1.27
0.78
0.25
0.15
1.11
3.11
2.23
6.28
11.39
1992-93
1.25
0.76
0.23
0.14
1.11
3.20
2.17
6.23
11.61
1993-94
1.34
0.80
0.24
0.14
1.09
3.19
2.15
6.30
11.27
1994-95
1.26
0.78
0.24
0.15
1.10
3.12
2.12
5.99
10.97
1995-96
1.40
0.75
0.26
0.14
1.11
3.10
2.15
5.99
10.60
1996-97
1.41
0.64
0.25
0.11
1.17
3.39
2.13
6.17
10.80
1997-98
1.39
0.61
0.23
0.10
1.19
3.60
2.02
6.13
10.71
1998-99
1.36
0.62
0.22
0.10
1.19
3.84
1.93
6.23
10.96
1999-00
1.40
0.56
0.21
0.09
1.22
4.03
1.83
6.04
10.49
2000-01
1.33
0.51
0.20
0.08
1.26
4.33
1.71
5.86
10.37
2001-02
P
1.36
0.50
0.19
0.07
1.27
4.52
1.61
5.74
10.05
2002-03
P
1.41
0.44
0.19
0.06
1.30
4.80
1.50
5.54
9.55
2003-04
P
1.37
0.43
0.19
0.06
1.32
4.77
1.49
5.39
9.40
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.
M
1
Narrow money.
RM Reserve money.
M
3
Broad money.
GDP Gross Domestic Product at current market prices.
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