Identify the FALSE statement in the context of money supply ........

General Studies (CHSL) Indian Economy

Identify the FALSE statement in the context of money supply.

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SSC CHSL 1st June 2022 Shift-1

Total stock of money alone in an economy determines the overall liquidity in the economy.

Commercial banks use primary deposits to create credit.

The money held by the government is not included in the measure of money supply.

Credit money refers to money whose money value is more than commodity value.

Total stock of money alone in an economy determines the overall liquidity in the economy.

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