रिझर्व बँकेने जारी केलेल्या चलनाला 'उच्च समर्थित चलन' (High Power Money) खालीलपैकी कोणत्या कारणामुळे म्हणतात?

The correct answer is Option D (All of the above).

Key Points:
• High-Powered Money (also known as base money, monetary base, or H) consists of currency (notes and coins in circulation) plus reserves held by commercial banks with the central bank.
• It is termed 'high-powered' because it serves as the foundation for the creation of multiple credit and broad money supply through the money multiplier process.
• RBI-issued currency is backed by minimum statutory reserve systems (supporting gold and foreign exchange reserves) (1).
• Its face value is legally backed and guaranteed by the sovereign government (2).
• It constitutes the direct monetary liability of the Central Bank (RBI) and government currency liabilities (3).
• Because all these structural backing attributes define high-powered money, option (4) (All of the above) is correct.
• Key Takeaway: High-powered money is backed by reserves, guaranteed by the government, and represents liability of the RBI and government.