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Economics · 2024 · 1 mark
CBSE 2024 · Region 1 · Set 1 · Q5
Identify the incorrect feature(s) of money supply (M_1 ) from the following: (i) It is measured at a point of time. (ii) It does not include stock of…
Identify the incorrect feature(s) of money supply (M$\displaystyle _1$) from the following :
(i)
It is measured at a point of time.
(ii)
It does not include stock of money held by the government.
(iii)
It is always the currency in the hands of the Central Bank of a nation.
Alternatives :
Official answer
(D)
(iii) only
Marking-scheme solution
(D) (iii) only
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