Multiple Choice Questions on What would be the impact on the economy if people start holding more currency in hand and less in de........... for CDS Exam Preparation

Money and banking

Indian Economy (CDS)

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Indian Economy - Understanding the basics of Indian economic system

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    What would be the impact on the economy if people start holding more currency in hand and less in deposits ?

    This questions was previously asked in
    2023 CDS -2 GK

    Money demand will increase

    Incorrect Answer

    Money multiplier will decrease

    Correct Answer

    Money multiplier will increase

    Incorrect Answer

    Money demand will decrease

    Incorrect Answer
    Explanation:

    Money multiplier will decrease


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