12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    Supply of money refers to ......... .                                                                                                (CBSE SQP 2020-21)

    A) currency held by the public

    B) currency held by Reserve Bank of India(RBI)

    C) currency held by the public and demand deposits with commercial banks

    D) currency held in the government account

    Correct Answer: C

    Solution :

    Money supply at a given point of time is equal to the sum total of currency held by public and demand deposits with commercial banks.


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