12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    The volume and direction of money supply in the economy is controlled by..........

    A) Commercial Banks

    B) Central Bank

    C) Central Government

    D) Both [b] and [c]

    Correct Answer: B

    Solution :

    Central Bank of the country is solely responsible to change the volume and direction of trade with its various tools i.e., qualitative and quantitative.


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