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Which among the followings falls under “Broad Money”?
1. National Savings Certificates
2. Net time deposits of Commercial Banks.
3. Net demand deposits held by Commercial Banks.
4. Currency (notes plus coins) held by the public
Q. Choose the correct ones:
  • a)
    1 and 3 only 
  • b)
    1, 2 and 3 only 
  • c)
    2, 3 and 4 only 
  • d)
    All of the above 
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which among the followings falls under “Broad Money”?1. Na...
RBI publishes figures for four alternative measures of money supply, viz. M1, M2, M3 and M4. They are 
defined as follows 
M1 = CU + DD 
M2 = M1 + Savings deposits with Post Office savings
banks 
M3 = M1 + Net time deposits of commercial banks 
M4 = M3 + Total deposits with Post Office savings 
organisations (excluding National Savings 
Certificates)
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Which among the followings falls under “Broad Money”?1. National Savings Certificates2. Net time deposits of Commercial Banks.3. Net demand deposits held by Commercial Banks.4. Currency (notes plus coins) held by the publicQ. Choose the correct ones:a)1 and 3 onlyb)1, 2 and 3 onlyc)2, 3 and 4 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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Which among the followings falls under “Broad Money”?1. National Savings Certificates2. Net time deposits of Commercial Banks.3. Net demand deposits held by Commercial Banks.4. Currency (notes plus coins) held by the publicQ. Choose the correct ones:a)1 and 3 onlyb)1, 2 and 3 onlyc)2, 3 and 4 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which among the followings falls under “Broad Money”?1. National Savings Certificates2. Net time deposits of Commercial Banks.3. Net demand deposits held by Commercial Banks.4. Currency (notes plus coins) held by the publicQ. Choose the correct ones:a)1 and 3 onlyb)1, 2 and 3 onlyc)2, 3 and 4 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which among the followings falls under “Broad Money”?1. National Savings Certificates2. Net time deposits of Commercial Banks.3. Net demand deposits held by Commercial Banks.4. Currency (notes plus coins) held by the publicQ. Choose the correct ones:a)1 and 3 onlyb)1, 2 and 3 onlyc)2, 3 and 4 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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