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

11.02

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

10.9

1973-74

1.29

0.2

0.55

0.09

1.53

2.43

3.98

6.33

11.27

1974-75

1.2

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

6.2

12.32

1977-78

1

0.24

0.37

0.09

1.61

2.96

3.36

6.16

12.34

1978-79

1.58

0.47

0.35

0.1

1.26

2.95

3.02

7.09

11.7

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

1.4

0.57

0.3

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

7.2

12.19

1984-85

1.48

0.6

0.29

0.12

1.19

3.14

2.58

6.81

11.5

1985-86

1.43

0.61

0.28

0.12

1.19

3.24

2.5

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

3.2

2.17

6.23

11.61

1993-94

1.34

0.8

0.24

0.14

1.09

3.19

2.15

6.3

11.27

1994-95

1.26

0.78

0.24

0.15

1.1

3.12

2.12

5.99

10.97

1995-96

1.4

0.75

0.26

0.14

1.11

3.1

2.15

5.99

10.6

1996-97

1.41

0.64

0.25

0.11

1.17

3.39

2.13

6.17

10.8

1997-98

1.39

0.61

0.23

0.1

1.19

3.6

2.02

6.13

10.71

1998-99

1.36

0.62

0.22

0.1

1.19

3.84

1.93

6.23

10.96

1999-00

1.39

0.56

0.21

0.09

1.22

4.02

1.83

6.02

10.49

2000-01 P

1.33

0.51

0.2

0.08

1.26

4.32

1.72

5.9

10.44

2001-02 P

1.35

0.5

0.19

0.07

1.27

4.52

1.62

5.77

10.11

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.