Question
EconomyMoney, RBI and InflationMoney, Currency and Monetary AggregatesEasy (editorial estimate)
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
cash withdrawal and monetary aggregates · Money, Currency and Monetary Aggregates

Classification and difficulty are editorial labels. Explanations are awaiting review.

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If you withdraw ₹ 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be

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Question 50 · Money, Currency and Monetary Aggregates · Economy · UPSC Prelims 2020 (GS)

Topics and years

2020 · GS · Question 50