Economics · Monetary Aggregates
In India, the RBI measures money supply through monetary aggregates. Which of the following components are included in M3? (i) Demand Deposits with Banks (ii) Time Deposits with Banks (iii) Currency with Public (iv) Other Deposits with RBI
- 1(i), (ii), (iii) and (iv)✓
- 2(i), (iii) and (iv) only
- 3(iii) and (iv) only
- 4(i) and (iii) only
Correct answer
(i), (ii), (iii) and (iv)
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