Question : Which of the following statement is correct?

• Only gross demand deposits are part of money supply.
• Bank money is non-legal tender money.

Question : Which of the following statement is correct?

• Demand deposits are the deposits which can be encased by issuing cheque.
• Demand deposit with commercial bank is not a part of money supply.

Question : Which of the following statement is correct?

• Demand deposit is a optional money.
• Demand deposits are treated as equal to currency held as they are readily accepted as a means of payment.
   

Question : Which of the following statement is correct?

• There is no common denomination under barter exchange to express the exchange ratios.
• Money Supply is a flow concept.
   

Question : Which of the following statement is correct?

• Currency money is also termed as fiat money.
• Currency can be legally used to make payments of debts or other obligations.