General Knowledge · General Awareness
In the context of the measures of money supply in India, M4 refers to ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1M1 + Time deposits of the public with banks
- 2M3 + Total post office deposits (excluding NSC)✓
- 3M1 + Post office savings bank deposits
- 4Currency with the public + Demand deposits with banks
Correct answer
M3 + Total post office deposits (excluding NSC)
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