Which of the following is NOT a part of the money supply in an economy?

CA Foundation · Business Economics · RTP · January 2026
Which of the following is NOT a part of the money supply in an economy?
(A) A. Currency held by the central bank
(B) B. Demand deposits in commercial banks
(C) C. Saving accounts in commercial banks
(D) D. Time deposits in commercial banks

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Currency held by the central bank

Topics: Money Market

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