Advertisements
Advertisements
Question
Which measure of money supply is generally considered the broadest and least liquid in India?
Options
M₁
M₂
M₃
M₄
MCQ
Advertisements
Solution
M₄
Explanation:
M₄ includes M₃ plus total post office deposits (excluding National Savings Certificates), so it is the broadest and least liquid measure of money supply.
shaalaa.com
Is there an error in this question or solution?
