Home › Bihar Board Class 12 (Arts) › Economics › Money and Banking › The opportunity cost of holding money is the
The opportunity cost of holding money is the
Ainterest foregone
Bprice of gold
Ctax payable
Dbank rate fixed
Answer & Solution
Correct answer: A. interest foregone
Cash kept idle could have earned interest in a fixed deposit, so foregone interest is the cost.
Related questions
How many major commercial banks did India nationalise in 1969?The Reserve Bank of India was nationalised in which year?Interbank deposits are excluded from money supply because only deposits of theWhich measures are called narrow money?M3 equals M1 plusWhich of these is the narrowest RBI measure of money?Money supply is aFixed deposits are an example of