'Other deposits with the RBI' in M1 are

the reserves of commercial banks with the RBICorrect answerYour answerthe government's deposits with the RBICorrect answerYour answerdeposits of other public bodies with the RBICorrect answerYour answerthe RBI's gold reservesCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Banks' reserves and the government's balances are not money held by the public.
Other deposits are a small item belonging to other public bodies and institutions.

Concept: Other deposits with the RBI
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsThe supply of money: M1 to M4

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'Other deposits with the RBI' in M1 are

Explanation