BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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As on 31st march
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As on any point of time
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During fiscal year
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During period of time
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Detailed explanation-1: -Money supply refers to the total stock of money of all types ( currency as well as demand deposits ) held by the people of a country at a given point of time. Money supply includes both currency held by the public in terms of coins and paper notes as well as demand deposits of the people with the commercial bank.
Detailed explanation-2: -The money supply refers to the amount of cash or currency circulating in an economy.
Detailed explanation-3: -Answer: b) During any specified period of time.
Detailed explanation-4: -Money supply is measured as per the stock of money that is in circulation among the public at a particular point of time. Hence, money supply is a ‘stock concept’.
Detailed explanation-5: -Money supply is the total volume of money in circulation between the public over a period of time.