Economics · Money and Banking
Arrange the components of narrow money (M1) in logical sequence: (A) Currency with the public (B) Demand deposits with the banking system (C) 'Other' deposits with the RBI (D) Total M1 money supply
- 1(B), (C), (A), (D)
- 2(A), (C), (B), (D)
- 3(B), (A), (C), (D)
- 4(A), (B), (C), (D)✓
Correct answer
(A), (B), (C), (D)
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