
The modulating signal is applied to the pre-emphasis circuit, which improves signal to noise ratio, AF amplifier amplifies output of pre-emphasis. The processed signal is fed to reactance modulator. The reactance modulator uses a transistor or FET connected across tank circuit of carrier oscillator.
The oscillator frequency depends on the tank reactance which in turn depends on the instantaneous amplitude of modulating signal. Thus, output of reactance modulator will be a frequency modulated wave.
The oscillator is followed by a buffer amplifier which isolates oscillator from subsequent stages. The limiter maintains the amplitude constant. Class C power amplifier amplifies modulated wave to required power levels. The FM signal is then fed to the transmitting antenna.