New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    Starting from a position where the nation's money demand

    equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an)?
    A decrease in the money supply Correct Answer Incorrect Answer
    B increase in the money supply Correct Answer Incorrect Answer
    C decrease in the money demand Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer
    E A and C Correct Answer Incorrect Answer

    Solution

    Starting from a position where the nation's money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a decrease in the money supply.

    Practice Next