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      Question

      Which one of the following is correct for the money

      supply measure โ€“ 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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