Question : Which of the following is included in the M1 measure of money supply?
A) Currency with Public
B) Time Deposit with Post Office
C) Demand Deposits with Commercial Banks/RBI of Public Financial Institutions
Option 1: Both B and C
Option 2: Both A and C
Option 3: Only B
Option 4: Only A
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: Both A and C
Solution : The correct option is Both A and C .
In the M1 measure of money supply, the following is included: Currency with the Public and Demand Deposits with Commercial Banks/RBIs of Public Financial Institutions. M1 includes the most liquid components of the money supply, such as physical currency (coins and paper money) in the hands of the public and demand deposits with commercial banks. Time deposits and other less liquid assets, such as time deposits with the Post Office, are not part of M1 but are part of broader measures of money supply, such as M2 or M3.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
