AI-generated practice question — model-generated for extra practice, not a previous-year CBSE board question.
The stock of money held by the public consists of currency (coins and paper notes) and demand deposits held with banks.
Examiners expect both components to be named. "Currency" alone is incomplete. The source passage explicitly states: "demand deposits are accepted widely as a means of payment, along with currency, they constitute money in the modern economy." The Notes for Teachers also confirm: "the stock of money consists of currency held by the public and the demand deposits that they hold with the banks."