Economics · Money and Banking
Reserve money (M0) primarily consists of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Currency in circulation and bankers' deposits with the RBI✓
- 2Cash held exclusively by the government
- 3Gold reserves held by the Reserve Bank
- 4Savings deposits of the public in post offices
Correct answer
Currency in circulation and bankers' deposits with the RBI
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