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NextQ17

Identify, that function of money, which has effectively solved the problem of `double coincidence of wants' in a transaction.

Money Supply and DemandStudy Simplify SpecialPYQ1MCQ
Question 16

In an economy, the currency held by the public, Net Demand Deposits with Commercial Banks and Net Time Deposits with Commercial Banks stand at Rs. 1,42,000 crore, Rs. 22,000 crore and Rs. 86,000 crore respectively. The value of Money Supply (M1) would be Rs. __________ crore. (Choose the correct option to fill in the blank)

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