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NextQ5

Identify the incorrect feature(s) of money supply (M_1) from the following : (i) It is measured at a point of time. (ii) It does not include stock of money held by the government. (iii) It is always the currency in the hands of the Central Bank of a nation. Alternatives :

Money Supply and DemandStudy Simplify SpecialPYQ1MCQ
Question 4

Read the following statements carefully : Statement 1 : Money supply (M_1) in India does not include 'demand deposits' with commercial banks. Statement 2 : Money supply (M_1) refers to, assets available with the Commercial Banks during a particular period of time. In the light of the given statements, choose the correct alternative.

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