Which among the following measures would result in an increase in the money supply in the economy ?
I. Purchase of Government Securities from the Public by the Central Bank.
II. Deposit of currency in Commercial Banks by the Public.
III. Borrowings by the Government from the Central Bank.
IV. Sale of Government securities to the public by the Central Government
Select the correct answer from the codes below :
1
I only
2
II and IV
3
I and III
4
II, III and IV