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
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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
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