Which of the following statement/s is/are incorrect?
(a) Currency notes in circulation are issued by the Government of India.
(b) Narrow money or M1 includes currency with the public.
1
Only (a)
2
Only (b)
3
Both (a) and (b)
4
None of the above
Which of the following statement/s is/are incorrect?
(a) Currency notes in circulation are issued by the Government of India.
(b) Narrow money or M1 includes currency with the public.