1.

What is “narrow money” ? (a) The sum of currency in circulation and the demand deposits in banks (b) The sum of M, money and the time deposits  (c) The sum of currency in circulation with the public and the cash reserves held by banks (d) The market value of the stocks held by all the holders excluding the promoters.

Answer»

(a) The sum of currency in circulation and the demand deposits in banks 



Discussion

No Comment Found

Related InterviewSolutions