Money Supply Flashcards
1
Q
M0 is also known as ________
A
Reserve Money
2
Q
Narrow Money is given to _______
A
M1
3
Q
M3 also known as ________
A
Broad Money
4
Q
M0 = Currency in Circulation + ______ + Other Deposits with RBI
A
M0 = Currency in Circulation + Banker’s Deposit with RBI + Other Deposits with RBI
5
Q
M2 = M1 + _____
A
M2 = M1 + Savings Deposits of Post Office Saving Banks
6
Q
M2 = M1 + _____
A
M2 = M1 + Savings Deposits of Post Office Saving Banks
7
Q
M4= M3 +______
A
M4= M3 + All deposits with post office savings banks
8
Q
M1 includes
A
100% liquid deposits
9
Q
M3 has
A
Time Deposits with Bank includes fixed deposits, Recurring deposits, and time liability of saving accounts