State the Principal Components of Money Supply?
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State the Principal Components of Money Supply?

State the Principal Components of Money Supply?
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State the Principal Components of Money Supply?

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The principal components of money supply are :

  • Currency (notes + coins) held by the public.
  • Demand deposits of the people with the commercial banks, and
  • Other deposits (demand deposits with RBI of domestic and foreign institutions other than of the Government of the country and commercial banks within the Country).
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