Home › Bihar Board Class 12 (Arts) › Economics › Money and Banking › Which of these is the narrowest RBI measure of m…
Which of these is the narrowest RBI measure of money?
AM4
BM3
CM2
DM1
Answer & Solution
Correct answer: D. M1
M1 is currency with the public plus demand deposits, the most liquid measure.
Related questions
How many major commercial banks did India nationalise in 1969?The Reserve Bank of India was nationalised in which year?Interbank deposits are excluded from money supply because only deposits of theWhich measures are called narrow money?M3 equals M1 plusMoney supply is aFixed deposits are an example ofTotal money demand is the sum of transaction demand and