Question 46
MediumOriginal questionMatch each measure with what it adds.
| List I | List II |
|---|---|
| A. M1 | I. M3 + all deposits with post office savings organisations |
| B. M2 | II. M1 + net time deposits with banks |
| C. M3 | III. M1 + savings deposits with post office savings banks |
| D. M4 | IV. Currency with the public + demand deposits + other deposits with the RBI |
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
M2 builds on M1 with post office savings deposits; M3 builds on M1 with bank time deposits; M4 builds on M3 with all post office deposits.
- Concept
- The four measures
- Typical timeTypical
- 90 s
- Your timeYours
- —
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