Money supply includes demand deposits of the people with the Commercial Banks

388 viewsDecember 15, 2023Money and Banking True or False

Anurag Pathak25.51K December 15, 2023 0 Comments

True or False with Reasons:

Money supply includes demand deposits of the people with the Commercial Banks.

Anurag Pathak Changed status to publish December 15, 2023

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Anurag Pathak25.51K Posted December 15, 2023 0 Comments

True,

Demand Deposits of people with commercial banks is one of the components of the money supply.

The money supply consists of two components:

1. Currency with public
2. demand deposits of the public with commercial banks

Anurag Pathak Changed status to publish December 15, 2023

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Money supply includes demand deposits of the people with the Commercial Banks

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Anurag Pathak

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