20. High powered money is equal to:
1 point
Money supplied by the RBI only
Total supply of money in the economy
Notes and coins held by the people
Money (notes & coins) held by the people, vault cash of the commercial banks as well as cash reserves of the commercial banks with the RBI
20. High powered money is equal to:
1 point
Money supplied by the RBI only
Total supply of money in the economy
Notes and coins held by the people
Money (notes & coins) held by the people, vault cash of the commercial banks as well as cash reserves of the commercial banks with the RBI
Answers
Answered by
2
Answer:
Money (notes & coins) held by the people, vault cash of the commercial banks as well as cash reserves of the commercial banks with the RBI
Similar questions