Which of the following measures would result in an increase in the money supply in the economy?a. Purchase of government securities from the public by the Central Bankb. Deposit of currency in commercial banks by the publicc. Borrowing by the government from the Central Bankd. Sale of government securities to the public by the Central BankSelect the correct answer using the codes given below:a. 1 onlyb. 2 and 4 onlyc. 1 and 3d. 2, 3 and 4
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Correct option is c). 1 and 3
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Correct option is c). 1 and 3
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c. 1 and 3 ✔
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