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Two components of money supply are ______ and ______ . - Economics

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Question

Two components of money supply are ______ and ______ .

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Solution

Two components of money supply are Currency and Demand Deposits.

Explanation:

Money supply mainly consists of currency (notes and coins) held by the public and demand deposits in banks, which can be withdrawn anytime through cheques.

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2019-2020 (March) Outside Delhi Set 1
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