Consider the following imaginary figures in context with the “Components of Money Stock”. 

  1. Currency in Circulation is Rs. 1000
  2. Cash with Banks is Rs. 20
  3. “Other” Deposits with RBI is Rs. 15
  4. “Bankers” Deposit with RBI is Rs. 40
  5. Demand Deposits is Rs. 500
  6. Time Deposits is Rs. 400

Which among the following is the correct figure representing “Broad Money“?

[A] Rs. 1035
[B] Rs. 1075
[C] Rs. 1535
[D] Rs. 1895

Show Answer

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...