Demand deposits with Commercial Banks are a part of:
Demand deposits with Commercial Banks are a part of:
(a) Money Supply
(b) High Powered Money
(c) Both (a) and (b)
(d) None of these
Anurag Pathak Changed status to publish December 15, 2023
Ans – (a)
Explanation:-
Money Supply includes
1. Currency with the public
2. Demand deposits of the public with commercial banks
High Powered Money includes:
1. Current with the public
2. Cash reserves with the banks
Anurag Pathak Changed status to publish December 15, 2023
