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Miscellaneous·2023·Easy

Which of the following are included in the definition of Narrow Money? 1. Currency with the public 2. Demand deposits 3. ‘Other’ deposits with Reserve Bank of India 4. Banker’s deposits with Reserve Bank of India Select the correct answer using the code given below:

Which of the following are included in the definition of Narrow Money?

1. Currency with the public

2. Demand deposits

3. ‘Other’ deposits with Reserve Bank of India

4. Banker’s deposits with Reserve Bank of India
Select the correct answer using the code given below:

Options

  1. a.

    1, 2 and 4

  2. b.

    1, 2 and 3

    Correct answer
  3. c.

    1, 3 and 4 only

  4. d.

    2, 3 and 4 only

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