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How did the British gain the upper hand in the competition to control Indian trade and commerce?
Reserve Requirement
The portion of depositors' balances that banks must have on hand as cash, ensuring banks can meet withdrawal demands.
Money Supply
The total amount of monetary assets available in an economy at a specific time, influencing inflation and economic stability.
Bank Reserves
The portion of deposits that banks are required to hold either in cash in their vaults or on deposit with a central bank, as a precaution to ensure bank liquidity.
Reserve Requirement
The minimum amount of reserves that a bank is required to hold by law as a percentage of its deposits, used by central banks to control the money supply.