In India, which of the following components are included in M1 (narrow money)?1. Currency with public2. Demand deposits with banks3. Time deposits with banksOther deposits with RBI - Study24x7
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01 Jan 1970 05:30 AM study24x7 study24x7

In India, which of the following components are included in M1 (narrow money)?

1. Currency with public
2. Demand deposits with banks
3. Time deposits with banks
Other deposits with RBI

A

1 and 2 only

B

1, 2 and 4 only

C

2 and 3 only

D

1, 2, 3 and 4

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