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èz

( Ðp ÒÆ{szw~ m, 
ôZ )]q˜Z„
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aggregate demand Ô¦ù foreign direct investment ~g »tâuãzÛ„ Zg { Z',

anecdotal evidence @ZØà® foreign exchange reserves ],
{ fÆ!Š Igi
balance of payments yi Z »V°ZŠ Z headline inflation /òÀ
ãZ¤
budgetary borrowing ~ÖnŒ Û 6Zö injection w{Š Z
capital market tâu§Zi !*
&~rtâu interest rate ŠÎbÑ
circular debt 2Œ Û ÙŠ¤/ intermediation ¦‚z
G
collateral $J&‚g&~z¤
- / liquidation 0©E{$
[ˆ î0G
consolidation ðŠ livestock census ~g ÑyZ³
consumer durables âZ °g ™g ZG 0* maturity ¤²
consumption sçwM monetary aggregates ´ù~gi
core inflation ãZ¤ /~i ¸ monetary tightening ñ~gi
G
CPI inflation 7tg ¤áZsg ™p äãZ¤ / monetization 5½h$
ëG
credit risk nŒ ÛÒç money market gi§Zi !*
current account deficit {g Ä»]!* ˆ~g Y National Saving Schemes ±ZYò ¸
GGE
current transfers VGé5Ò¨34$~g Y net domestic assets PU* Z ±Ø{
debt sustainability indicators bg ÖZÆ“ ZŠ', CY£Œ Û net foreign assets PU* Z ãzÛØ{
demand pressure î !*
Šé nominal effective exchange rate !Š IbÑW, ¸ð**
deposit $â Z
- nominal operating surplus «o~g Yð**
depreciation f non-bank financing ~g Ãâ J)
double digit ÏyzŠG non-food inflation ãZ¤/ðZ½)
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distribution losses ]** vö+G non-interest expenditure ]YZy Z ~ŠÎ)
efficiency ~g Z *g »&ÏŠ™g » non-performing loans 2Œ Û wd)
empirical !Š one-off Ïg !*
-
q
exchange rate !Š IbÑ open market operations }ŠÎÆgi§Zi !*
expenditures Z
]YZy opportunity cost  ѵñ
†
exposure s ÁZ overnight rates c3,.
external debt £Œ ÛãzÛ parity ]Zz)
fiscal deficit {g ÄC1â portfolio investment 
~g »tâuãZŠ b
fixed investment loans Û
2Œ~g »tâu§ profitability ! c*
&~gzWœ
floating debt £Œ ÛVZzg provisioning +×
forced sale value # z
xiÑ| Û7 real effective exchange rate ¸Ç
!Š IbÑW,

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relative price index 7,tg ¤ áZ

remittances ]cF,
repayment 5ZŠ Zi !*
reserve adequacy MziñÅ!Š Igi
+
Resident Foreign Currency D 3´™ ãzÛä‡Z
Account (RFCA)
return on asset «o6, VNU*Z
return on equity «o6, ¨r Z
revaluation ðegŠi !*
revenues V1ßz&Ýõ
roll-over ãU*ñZ̀Z
saturation Ï”§
securities ]‹
shock _Š
solvency A &ÅnŒ
¢ Û5ZŠ Z
sovereign bonds i&+!*
4c*g
subsidy $¬Zgi
-
supply chain îi ~‡g
tax revenue ÝõL
trade account M3 Cg ˆ
trade deficit {g ÄCg ˆ
unfunded debt £Œ Û-)
value addition °ŸZgŠ
value chain Ÿ~gŠ
volatility ~k,+p
5
wholesale uð
yield Äc*

96
 
]q ˜Z„
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( Ðp ÒÆ{szwzŠg Z )]q ˜Z„
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tax revenue ÝõL return on asset «o6, VNU*Z

current account deficit {g Ä»]!* ˆ~g Y roll-over ãU*
ñZ̀Z
GE
G
current transfers VG é5Ò¨34$~g Y expenditures Z
]YZy
portfolio investment ~g »tâuãZŠ b  solvency A &ÅnŒ
¢ Û5ZŠ Z
real effective exchange rate !Š IbÑW, ¸Ç balance of payments yi Z »V°ZŠ Z
livestock census ~g ÑyZ³ injection w{Š Z
net foreign assets PU* Z ãzÛØ{ relative price index 7,tg ¤ áZ
net domestic assets PU* Z ±Ø{ Resident Foreign Currency D 3´™ ãzÛä‡Z
credit risk nŒ ÛÒç Account (RFCA)
double digit ÏyzŠ exposure s ÁZ
shock _Š deposit $â Z
-
supply chain îi ~‡g return on equity «o6, ¨r Z
floating debt £Œ Û VZzg repayment 5ZŠ Zi !*
sovereign bonds i& +!* 4c*g open market operations }ŠÎÆgi§Zi !*
subsidy $¬Zgi
- money market gi§Zi !*
reserve adequacy MziñÅ!Š Igi
+ revaluation ðegŠi !*
foreign exchange reserves ],
{fÆ!Š Igi foreign direct investment ~g »tâuãzÛ„ Zg { Z',
monetary tightening ñ~gi external debt £ŒÛãzÛ
monetary aggregates ´ù~gi consumer durables âZ °g ™g ZG0*
capital market tâu§Zi !*&~rtâu trade deficit {g ÄCg ˆ
saturation Ï”§ trade account M3 Cg ˆ
overnight rates c3,. empirical !Š
interest rate ŠÎbÑ depreciation f
exchange rate !Š IbÑ remittances ]cF,
G
consumption sçwM monetization ëG 5½h$
G
demand pressure î !*
Šé liquidation 0©E{$
[ˆ î0G
¤² ,
~k+p
5
©G
maturity volatility
+
G -oG$
headline inflation /òÀ
ãZ¤ distribution losses ]**
vö
non-performing loans 2Œ Û wd) securities ]‹
non-bank financing ~g Ãâ J) provisioning +×
non-interest expenditure Z ~ŠÎ)
]YZy wholesale uð

97
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zŠJ
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non-food inflation ãZ¤/ðZ½)

unfunded debt £Œ Û-)
value addition °ŸZgŠ
value chain Ÿ~gŠ
debt sustainability indicators bg ÖZÆ“ ZŠ', CY£Œ Û
core inflation /~i ¸
ãZ¤
National Saving Schemes ±ZYò ¸
forced sale value xiÑ| # z Û7
efficiency ~g Z *g »&ÏŠ™g »
CPI inflation 7tg ¤áZsg ™p äãZ¤ /
circular debt 2Œ ÛÙŠ¤/
collateral $J&‚g&~z¤
- /
fiscal deficit {g ÄC1â
aggregate demand Ô¦ù
revenues V1ßz&Ýõ
parity ] Zz )
fixed investment loans 2Œ Û ~g »tâu§
anecdotal evidence @ZØà®
opportunity cost  ѵñ
†
budgetary borrowing ~ÖnŒ Û6Zö
nominal operating surplus «o~g Yð**
nominal effective exchange rate !Š IbÑW, ¸ð**
profitability ! c*&~gzWœ
intermediation ¦‚z
yield Äc*
consolidation ðŠ
one-off Ïg !*
-
q

98