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UPSC Prelims 2020Question 50Economy

If you withdraw ₹ 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be

Options

  1. (a)to reduce it by ₹ 1,00,000
  2. (b)to increase it by ₹ 1,00,000
  3. (c)to increase it by more than ₹ 1,00,000
  4. (d)to leave it unchanged

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