- 07/13/2019 at 12:46 am #1430816EduGorillaKeymasterSelect Question Language :
Which of the following is/are incorrect?
(i) M1 = Currency with the public + Demand deposits of the public
(ii) M2 = M1 + Post office savings deposits
(iii) M3 = M1 + Time Deposits of the public with Banks.
(iv) M4 = M3 + Total post office deposits
(v) M1 = Narrow money
(vi) M3 = Broad money
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- Only (v) and (vi)
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