Question
Which of the following are the components of Money Stock
as published by RBI A. Currency with the Public B. Demand Deposits with Banks C. Time Deposits with Banks D. Currency in Circulation E. Bankers' Deposits with RBI F. ‘Other’ Deposits with RBISolution
RBI compiles M3 money supply statement on a fortnightly basis. The components of Money supply as published by RBI include: M3 Components (i+ii+iii+iv)    i) Currency with the Public    ii) Demand Deposits with Banks    iii) Time Deposits with Banks    iv) `Other ' Deposits with Reserve Bank
A waiter income consist of his salary and tips. During one week his tips were 4/5 of his salary. What portion of his income came from tips?
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