What are the measures of Money supply in India?

Question

06 Jul 2022

Answer :

Word Count : 289

There are four measures of money supply in India which are denoted by M1, M2, M3 and M4. This classification was introduced by the Reserve Bank of India (RBI) in April 1977. Prior to this till March 1968, the RBI published only one measure of the money supply, M or defined as currency and demand deposits with ____ _______ ______ ________ ____ ___ ____ ______ ____ __________.
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