Economics · Monetary Aggregates
What does M0 (Reserve Money) equal to?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Currency in circulation + Banks' deposits with RBI
- 2Banks' deposits with RBI + Other deposits with RBI
- 3Currency in circulation + Banks' deposits with RBI + Other deposits with RBI✓
- 4Currency with public + Deposits in banking sector
Correct answer
Currency in circulation + Banks' deposits with RBI + Other deposits with RBI
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