In India's traditional monetary aggregates, the measure of money supply M2 is equal to:
M2 equals M1 plus savings deposits of post office savings banks in the traditional Indian monetary aggregates. Adding commercial-bank time deposits to M1 instead gives M3.
Choose your answer
In India's traditional monetary aggregates, the measure of money supply M2 is equal to:
Answer and explanation
Correct answer C
M2 equals M1 plus savings deposits of post office savings banks in the traditional Indian monetary aggregates. Adding commercial-bank time deposits to M1 instead gives M3.
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Kerala SET (LBS Centre)