Solution

Currency that has been issued by the government or the Reserve Bank of India is referred to be high powered money. While some of this currency is maintained with the public, the majority is kept with the Reserve Bank as reserves.
The equation provides as a representation of it.
H = C+R
Where,
High Powered Money is abbreviated as H.
C stands for Cash that is that is used by the Public (includes cash and coins).
R stands for Deposits with the bank and the government in the RBI.