Private credit by deposit money banks to GDP &

2.Private credit by deposit money banks and other financial institutions to GDP:

Ans. Question 1 & 2 hoth have same answer as follows-

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method:

{(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at]

where,

F is credit to the private sector,

P_e is end-of period CPI, and

P_a is average annual CPI.

Raw data are from the electronic version of the IMF's International Financial Statistics. Private credit by deposit money banks; GDP in local currency; end-of period CPI; and average annual CPI is calculated using the monthly CPI values.

3. Deposit money banks’ assets to GDP (%).

Ans.Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method:

{(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at]

where,

F is deposit money bank claims,

P_e is end-of period CPI, and

P_a is average annual CPI.

Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets; GDP in local currency; end-of period CPI; and average annual CPI is calculated using the monthly CPI values.

4. Deposit money bank assets to deposit money bank assets and central bank assets (%).

Ans. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.

Raw data are from the electronic version of the IMF's International Financial Statistics.

5. Liquid liabilities to GDP (%).

Ans. Ratio of liquid liabilities to GDP, calculated using the following deflation method:

{(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at]

where,

F is liquid liabilities,

P_e is end-of period CPI, and

P_a is average annual CPI.

Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities; GDP in local currency; end-of period CPI; and average annual CPI is calculated using the monthly CPI values.

6. Financial system deposits to GDP (%).

Ans. Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method:

{(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at]

where,

F is demand and time and saving deposits,

P_e is end-of period CPI, and

P_a is average annual CPI.

Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits; GDP in local currency; end-of period CPI; and average annual CPI is calculated using the monthly CPI values

7. Life insurance premium volume to GDP (%).

Ans. Life insurance premium volume to GDP (%) in India was reported at 2.4747 % in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources.

Premium data is taken from various issues of Sigma reports. Data on GDP in US dollars is from the electronic version of the World Development Indicators.

8. Nonlife insurance premium volume to GDP (%).

Ans. Non-life insurance premium volume to GDP (%) in India was reported at 0.5697 % in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources.

9. Domestic credit to the private sector to GDP (%).

Ans. Domestic credit to private sector (% of GDP) in India was reported at 50.04 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources.

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available .