Question : Savings deposits with post office savings banks are included in which measure of money supply?
Option 1: M3
Option 2: M2 and M4
Option 3: M4
Option 4: M1
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: M2 and M4
Solution : The correct option is M2 and M4 .
Post office savings are included in M2 and M4. The M2 measurement of the money supply in India includes the saving deposits of post office saving banks, which gives it a bit more rigidity than the M1 measurement. In India, the post office offers a deposit programme called the post office savings account. To calculate and gauge the total supply of money in the market, the Reserve Bank of India (RBI) divides currency into four major categories known as monetary aggregates.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : Directions: Number of pens in five shops M1, M2, M3, M4 and M5 are compared. Number of pens in M3 are more than only M1. No two shops have same number of pens. Number of pens in M5 are less than M2 but more than M4. Number of pens in M5 are more than how many
Question : Directions: The prices of seven mobiles M1, M2, M3, M4, M5, M6, and M7 are compared. The price of M7 is more than M5 and less than M4. The price of M1 is more than M6 and less than M2. The price of M2 is less than the price of M5. If the price of M4 is less
Question : Directions: The number of pens in five shops M1, M2, M3, M4, and M5 are compared. The number of pens in M3 is more than only M1. No two shops have the same number of pens. The number of pens in M4 is less than in M2 but more than in M5. The number of pens in
Question : Directions: 4 males M1, M2, M3, and M4 are sitting in a row facing towards the west (not necessarily in the same order). 4 females F1, F2, F3, and F4 sit in a row facing toward the face of these males (not necessarily in the same order). F4 is to the immediate
Question : What is the meaning of reverse repo rate?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile