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
a
to reduce it by ₹ 1,00,000
b
to increase it by ₹ 1,00,000
c
to increase it by more than ₹ 1,00,000
d
to leave it unchanged
Money and BankingMoney Supply and AggregatesDemand Deposit Accountaggregate money supplycash withdrawalM1currency with publicdemand deposits with banks