MONEY AND SUPPLY OF MONEY

Money is what (a)   does.

In case of full bodied money :

• commodity value>money value

• commodity value<money value

• commodity value=money value

• none of these

Fudiciary money is accepted on the basis of

• government order

• mutul trust between payer and payee

• trust in banking system

• none of these

Who supplies money

• government

• RBI

• commercial banks

• LIC

M1measurement of money supply=

• C+DD+OD

• C+CRR+SLR

• C+POST OFFICE SAVING ACCOUNT+TERM DEPOSIT

• C+DD

Money supply refers to :

• Total volume of money held by the public at a particular point of time

• Total volume of money held by the public at a period of time

• Total amount of money held by Government

• Both A & B

In the terminology of economics and money demand, the terms M1 and M2 are also known as :

• Short money

• Long money

• Broad money

• Narrow money

Other deposits with RBI includes:

• Deposits of commercial banks

• Demand Deposits of foreign central banks

• Deposits of public financial Institutions

• Both B & C

what items are not included in the M₁ measure of money supply?

• currency and coins with public

• inter bank deposits

• other deposit with RBI

• demand deposit with banks

money concept is a __________concept

• stock

• flow

• both (a) and (b)

• neither (a ) nor (b)