12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    \[{{M}_{1}}\]= Currency will Public +......... + Other Deposits with RBI

    A) Time deposits with post offices

    B) Demand deposits with commercial banks

    C) Time deposits with commercial banks

    D) Demand deposits with post offices

    Correct Answer: B

    Solution :

    \[{{M}_{1}}\] is the most liquid form of money measure which is comprised of CC + DD + OD


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