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Assertion – Demand deposits with commercial banks is not a part of money supply Reason – Demand deposits are treated as equal to currency held as they are readily accepted as means of payment.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Assertion – Demand deposits with commercial banks is not a part of money supply Reason – Demand deposits are treated as equal to currency held as they are readily accepted as means of payment.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion – Demand deposits with commercial banks is not a part of money supply Reason – Demand deposits are treated as equal to currency held as they are readily accepted as means of payment.?.

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