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

1951-52

2.28

0.19

1.45

0.12

1.32

1.55

4.88

5.72

8.33

1952-53

2.26

0.18

1.37

0.11

1.33

1.59

5.01

6.01

8.72

1953-54

2.38

0.18

1.38

0.10

1.32

1.60

5.36

6.49

9.27

1954-55

2.31

0.18

1.35

0.10

1.33

1.61

4.82

5.86

8.43

1955-56

2.36

0.17

1.35

0.10

1.33

1.62

4.40

5.38

7.70

1956-57

2.39

0.16

1.34

0.09

1.33

1.63

4.81

5.91

8.42

1957-58

2.26

0.19

1.18

0.10

1.33

1.70

4.53

5.80

8.41

1958-59

2.36

0.20

1.06

0.09

1.31

1.79

4.62

6.30

9.01

1959-60

2.51

0.19

0.99

0.08

1.30

1.86

4.35

6.23

8.76

1960-61

2.61

0.21

1.01

0.08

1.28

1.83

4.46

6.39

8.90

1961-62

2.69

0.18

1.07

0.07

1.28

1.80

4.61

6.47

8.95

1962-63

2.64

0.17

1.05

0.07

1.29

1.83

4.51

6.39

8.87

1963-64

2.41

0.15

1.05

0.07

1.33

1.83

4.76

6.55

9.34

1964-65

2.19

0.14

1.01

0.06

1.37

1.86

5.04

6.87

10.08

1965-66

2.07

0.13

0.96

0.06

1.39

1.91

4.82

6.61

9.86

1966-67

1.91

0.14

0.89

0.06

1.42

1.97

4.91

6.83

10.47

1967-68

1.80

0.14

0.84

0.06

1.44

2.03

5.27

7.41

11.61

1968-69

1.78

0.14

0.80

0.06

1.44

2.07

5.05

7.24

11.44

1969-70

1.71

0.15

0.75

0.07

1.45

2.13

4.90

7.19

11.50

1970-71

1.53

0.14

0.68

0.06

1.51

2.26

4.48

6.70

11.16

1971-72

1.46

0.14

0.63

0.06

1.53

2.34

4.19

6.40

10.86

1972-73

1.31

0.14

0.57

0.06

1.59

2.48

3.97

6.22

11.03

1973-74

1.29

0.20

0.55

0.09

1.53

2.43

4.03

6.41

11.41

1974-75

1.20

0.18

0.51

0.07

1.59

2.58

4.19

6.77

12.46

1975-76

1.09

0.15

0.45

0.06

1.68

2.81

4.00

6.70

12.92

1976-77

1.02

0.18

0.41

0.07

1.68

2.93

3.60

6.27

12.46

1977-78

1.00

0.24

0.37

0.09

1.61

2.96

3.40

6.23

12.49

1978-79

1.58

0.47

0.35

0.10

1.26

2.95

3.06

7.17

11.83

1979-80

1.52

0.55

0.34

0.12

1.22

2.88

2.79

6.61

11.11

1980-81

1.49

0.56

0.32

0.12

1.21

2.95

2.85

6.96

11.76

1981-82

1.40

0.57

0.30

0.12

1.22

3.04

2.86

7.14

12.31

1982-83

1.43

0.56

0.29

0.12

1.22

3.15

2.79

7.19

12.30

1983-84

1.46

0.57

0.29

0.11

1.21

3.21

2.76

7.30

12.36

1984-85

1.48

0.60

0.29

0.12

1.19

3.14

2.62

6.91

11.68

1985-86

1.43

0.61

0.28

0.12

1.19

3.24

2.53

6.89

11.76

1986-87

1.36

0.68

0.26

0.13

1.16

3.22

2.41

6.72

11.72

1987-88

1.41

0.82

0.26

0.15

1.08

3.08

2.34

6.65

11.43

1988-89

1.39

0.86

0.25

0.15

1.06

3.08

2.36

6.87

11.90

1989-90

1.35

0.85

0.25

0.16

1.07

3.08

2.28

6.57

11.51

1990-91

1.37

0.81

0.25

0.15

1.09

3.11

2.28

6.53

11.44

1991-92

1.27

0.78

0.25

0.15

1.11

3.11

2.24

6.30

11.42

1992-93

1.25

0.76

0.23

0.14

1.11

3.20

2.19

6.27

11.68

1993-94

1.34

0.80

0.24

0.14

1.09

3.19

2.17

6.35

11.36

1994-95

1.26

0.78

0.24

0.15

1.10

3.12

2.12

6.00

11.01

1995-96

1.40

0.75

0.26

0.14

1.11

3.10

2.16

6.01

10.63

1996-97

1.41

0.64

0.25

0.11

1.17

3.39

2.15

6.22

10.88

1997-98

1.39

0.61

0.23

0.10

1.19

3.60

2.03

6.15

10.74

1998-99

1.36

0.62

0.22

0.10

1.19

3.84

1.94

6.26

11.02

1999-00

1.40

0.56

0.21

0.09

1.22

4.03

1.85

6.09

10.57

2000-01

1.33

0.51

0.20

0.08

1.26

4.33

1.72

5.90

10.43

2001-02

1.36

0.50

0.19

0.07

1.27

4.52

1.60

5.73

10.03

2002-03

1.41

0.44

0.19

0.06

1.30

4.80

1.49

5.51

9.49

2003-04

1.36

0.43

0.19

0.06

1.32

4.76

1.48

5.35

9.34

2004-05

1.30

0.40

0.19

0.06

1.35

4.77

1.48

5.25

9.36

2006-07

1.12

0.40

0.18

0.06

1.39

4.78

1.40

4.81

9.15

2007-08

1.10

0.56

0.17

0.09

1.26

4.58

1.31

4.75

9.13

2008-09

1.19

0.57

0.17

0.08

1.25

4.75

1.25

4.76

8.82

C : Currency with the public.
DD : Demand deposits with banks.
BR : Bank reserves (balances with RBI plus cash with banks).
AD : Aggregate deposits.
RM : Reserve money.
M₁ : Narrow money.
M₃ : Broad money.
GDP : Gross Domestic Product at current market prices.
Note : 1. Monetary data from 2006-07 onwards are provisional.
2. Data are based on an average monetary aggregates and annual GDP.