Money Supply does not include money held by:
Money Supply does not include money held by:
(a) Government
(b) Commercial Banks
(c) Reserve Bank of India
(d) All of these
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Ans – (d)
Explanation:-
Money supply only includes money held by public at a particular point of time.
It has only two components:
1. Currency held by the public
2. Demand deposits of the public with commercial banks.
It does not include money held by the government, Commercial Banks, and Reserve Bank of India
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