Supply of money remaining the same when there is an increase in demand for money, there will be
Options
(a)a fall in the level of prices
(b)an increase in the rate of interest
(c)a decrease in the rate of interest
(d)an increase in the level of income and employment
The full breakdown is part of the paid archive
This question's answer, explanation and links to every related question across 48 years (1979–2026) are inside the app. The two most recent years are free to read in full — no account needed.
Class 12Money and Banking— NCERT Economics, Chapter 3. Money is the commonly accepted medium of exchange that removes barter's need for a double coincidence of wants; it is also a unit of account and a store of value.…
Independent UPSC previous-year-questions study tool — not affiliated with or endorsed by the UPSC. Question text is reproduced from publicly released UPSC examination papers. UPSCviaPYQs · Privacy · Terms