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Explain the meaning of M4, measures of money supply. - Economics

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प्रश्न

Explain the meaning of M4, measures of money supply.

स्पष्ट करा
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उत्तर

[M4] = M3 + Total deposits with the post office savings organisation excluding National Saving Certificates (TOP)
Thus, M4 = M3 + TOP

M4 measures of money take money in the wider sense.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 13: Money: Meaning and Functions - TEST YOURSELF QUESTIONS [पृष्ठ २४८]

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फ्रँक Economics [English] Class 12 ISC
पाठ 13 Money: Meaning and Functions
TEST YOURSELF QUESTIONS | Q 11. ii. | पृष्ठ २४८
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पाठ 24 Money - An Introduction
EXAMINATION CORNER | Q 5. (ii) | पृष्ठ २४.१२
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