Which of the following is the component of M1 measure of money supply ........

Which of the following is the component of M1 measure of money supply?

Time deposit

Bill of exchange

Treasury bill

None of these

- Option 1: Time deposit

- These are savings accounts or fixed deposits that cannot be withdrawn on demand. Not included in M1.

- Option 2: Bill of exchange

- It is a written order used in international trade. It is not part of the money supply.

- Option 3: Treasury bill

- These are short-term government securities. They are not directly part of M1.

- Option 4: None of these

- None of the above options are components of the M1 money supply. M1 includes currency, demand deposits, and other liquid forms of money.

Correct Answer: Option 4 - None of these

Submit Error