Question

    Which one of the following is correct for the money

    supply measure – M1?
    A Currency with the public + demand deposits of Commercial banks + other deposits at a point of time Correct Answer Incorrect Answer
    B Currency with the public + demand deposits of banks + other deposits over one year Correct Answer Incorrect Answer
    C Currency with the public + all bank deposits at a point of time Correct Answer Incorrect Answer
    D Currency with the public + post office deposits + other deposits at a point of time Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Currency with the public + demand deposits of Commercial banks + other deposits at a point of time

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