If you withdraw Rs. 1,00,000 in cash from your Demand Deposi

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Economics

410

M: +2.00/-0.50

If you withdraw Rs. 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be

I.A.S. (Pre) 2020

[Fiscal Policy, Inflation Planning and Banking]

to reduce it by Rs. 1,00,000

to increase it by Rs. 1,00,000

to increase it by more than Rs. 1,00,000

to leave it unchanged

EXPLANATION

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