Money supply includes _____ .
Money supply includes _____ .
(a) All Deposits in Banks
(b) Only Demand Deposits in Banks
(c) Only Time Deposits in Banks
(d) Currency with the Banks
Anurag Pathak Changed status to publish December 15, 2023
Ans – (b)
Explanation:-
Money supply refers to the money held by the public at a point of time.
It has two components:
1. Currency held by the public
2. Demand deposits of the public with commercial banks
Anurag Pathak Changed status to publish December 15, 2023
