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Question
Supply of money refers to ______
Options
currency held by the public
currency held by Reserve Bank of India (RBI)
currency held by the public and demand deposits with commercial banks.
currency held in the government account
MCQ
Fill in the Blanks
Solution
currency held by the public
Explanation:
Money supply refers to the total stock of money of all types held by the people of a country at a given point in time.
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Meaning of Money
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