Question

How do expected inflation and changes in payment technology affect money demand?

A Expected inflation increases money demand, and improvements in payment technology decrease money demand.
B Expected inflation decreases money demand, and improvements in payment technology decrease money demand.
C Expected inflation increases money demand, and improvements in payment technology increase money demand.
D Expected inflation has no effect on money demand, and improvements in payment technology increase money demand.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)