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.
You need to login to perform this action.
You will be redirected in
3 sec
