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Identify the correctly matched pair of items in Column A to that of Column B.
Column A:
1. Supply of Money
2. Stock of Money
3. Flow of Money
4. Reserve Money
Column B:
(a) Money in circulation at a point
(b) Supply of money considered over a period
(c) Money held by Public and the Bank today
(d) Supply of money studied at a point of time
1-(a)
2-(b)
3-(c)
4-(d)
Option (1) is correct. Explanation: Money Supply is the total stock of money circulating in the economy at a particular point of time including currency and other liquid instruments.
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