Which of the following statements is not correct regarding Money Supply?
Which of the following statements is not correct regarding Money Supply?
(a) It includes only net demand deposits
(b) It does not include money held by Government and Banking System
(c) It includes currency held with the public
(d) It includes term deposits with the banks
Anurag Pathak Changed status to publish December 15, 2023
Ans – (d)
Explanation:-
It does not include term deposits with the banks and term deposits are not readily available for payments.
Anurag Pathak Changed status to publish December 15, 2023
