📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Regarding money supply situation in India

    it can be said that the :
    A Currency with the public is more than the deposits with the banks. Correct Answer Incorrect Answer
    B Currency with the public is inconvertible only Correct Answer Incorrect Answer
    C Currency with the public is almost equal to the deposits with the bank Correct Answer Incorrect Answer
    D Currency with the public is less than the deposits with the banks. Correct Answer Incorrect Answer

    Solution

    Regarding Money Supply Situation in India it can be said that the currency with the public is more than the deposits with the banks . Money supply mark to the total volume of money held by the public at a particular point of time in an economy. It’s the total amount of monetary assets available in the economy at a specific time. there are the several standard measure of the money supply like monetary base M1 and M2

    Practice Next
    More Economy Questions

    Relevant for Exams:

    ask-question