Regarding Money Supply Situation in India it can be Said That the:

  1. Currency with the public is almost equal to the deposits with the banks.
  2. Currency with the public is inconvertible only.
  3. Currency with the public is more than the deposits with the banks.
  4. Currency with the public is less than the deposits with the banks.
Monis Rasool Professor Asked on 5th July 2015 in Economics.
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    Currency with the public is more than the deposits with the banks.

    Regarding Money Supply Situation in India it can be said that the currency with the public is more than the deposits with the banks.

    *according to official answer key-

    Money supply mark to the total volume of money held by the public at a particular point of time in an economy. It’s the total amount of monetary assets available in the economy at a specific time. there are the several standard measure of the money supply like monetary base M1 and M2.

    Monis Rasool Professor Answered on 8th July 2015.
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