Question : Savings deposits with Post Office savings banks are included in which measure of money supply?
Option 1: M1
Option 2: M4
Option 3: M2
Option 4: M3
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Correct Answer: M2
Solution : The correct answer is M2 .
Money supply M2 is calculated by adding savings deposits with the Post Office savings banks to M1. The distinction between M2 and M1 is made because savings deposits in post office banks are not as easily accessible or "liquid" as the funds held in demand deposits at commercial and cooperative banks.
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Question : Total deposits with Post Office savings organisations are included in which money supply aggregate?
Question : ______ are known as narrow money.
Question : M2 is one of the measures of the money supply. M2 is the sum of M1+______.
Question : _______ are those where a monthly instalment is deposited in the accounts every month.
Question : Under the Statutory liquidity ratio, commercial banks are required to keep a fraction of ____ in the form of liquid assets.
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