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What are the alternative defination of …

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What are the alternative defination of money supply in India?
  • 1 answers

Lakshi Oberoi 2 years, 3 months ago

Money supply refers to stock of money held by people of a country at a particular point of time. Since government and the banks are producer of money (supplier of money). Therefore stock of money held by them that is not included in money supple.
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