NextQ19

Read the following statements carefully : Statement I : The measurement of value makes it easier to compare the relative worth of two commodities. Statement II : Money facilitates the act of sale and purchase of goods and services. In the light of the given statements, choose the correct option from the following :

Money Supply and DemandStudy Simplify SpecialPYQ1MCQ
Question 18

Sumit deposited Rs. 10 lakh in his savings account. The deposits made by him is a part of ________ in the M1 measure of money supply. (Choose the correct option to fill in the blank)

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