If you withdraw ₹ 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate mone...

Question

If you withdraw ₹ 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

UPSC Hub · Accepted Answer

Sign up to view the correct answer and detailed explanation.

UPSC Hub · Answer

to leave it unchanged

UPSC Hub · Answer

to increase it by ₹ 1,00,000

UPSC Hub · Answer

to increase it by more than ₹ 1,00,000

UPSC Hub · Answer

to reduce it by ₹ 1,00,000