The sum of which of the following constitutes Broad Money in India ? I. Currency with the Public II. Demand deposits with banks III. Time deposits with banks IV. Other deposits with RBI Choose the correct answer using the codes given below:
Options
(a)I and II
(b)I, II and III
(c)I, II, III and IV
(d)I, II and IV
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Class 12Money and Banking— NCERT Economics, Chapter 3. Money is the commonly accepted medium of exchange that removes barter's need for a double coincidence of wants; it is also a unit of account and a store of value.…
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