Economics (M.Phil./Ph.D.) 2014 Panjab University Entrance Exam With Answers

Practice Mode:
48.

In the M4 definition of Money Supply used by Reserve Bank of India, which of the following financial assets is not included :

A: currency with the public
B: current and fixed deposits in Banks
C: fixed deposits in Non-Bank financial institutions
D: saving and fixed deposits in post office Saving Banks

The answer is: C

<< Previous Question
Next Question >>