Answer-Post office saving deposit is part of

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Accepted Answer

The four measures of money supply are           M1  C  DD  OD           M2  M1  Saving deposits with the post office saving banks           M3  M1  Time deposits with the Banks           M4  M3  Total deposits with the post office saving organisations  The new measures of money supply are           NM1  C  DD  OD           NM2  NM1  Short-term time deposits of residents including and up to the contractual maturity of one year           NM3  NM2  Long-term time deposits of residents  CallTerm funding from financial institutions

Post office saving deposit is part of

Solution