What items are not included in M1 measure of supply?
What items are not included in M1 measure of supply?
(a) Currency and coins with public
(b) Inter-bank deposits
(c) Other deposits with RBI
(d) Net demand deposits with banks
Anurag Pathak Changed status to publish December 15, 2023
Ans – (b)
Explanation:-
M1 is the most liquid form of money supply.
It consists of three components.
M1 = Currency and coins with public + Net demand deposits with banks + Other deposits with RBI.
Anurag Pathak Changed status to publish December 15, 2023
