Broad Money includes____

A currency and coins
B demand deposite
C time deposite
D currency and coins time deposit and demand deposit etc.

Correct Answer: demand deposite

Broad money is the definition of the Money Supply which includes a wide scope for the definition of money – including both notes and coins, but also more illiquid forms of money – such as bank deposits, treasury bills, gilts. These are considered 'near money' because it can easily be changed to cash.
Bissoy MCQ
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