Explanation:

- Currency with the public is the money that people hold in physical form, like coins and notes, and is definitely a part of Narrow Money.

- Demand deposits are funds in bank accounts which can be withdrawn without any notice and are also included in Narrow Money.

- 'Other' deposits with the Reserve Bank of India mainly consist of deposits belonging to certain sectors, and they are counted as part of Narrow Money.

- Bankers’ deposits with the Reserve Bank of India are reserves that banks maintain with the RBI, which are not part of Narrow Money.

The right option combines aspects 1, 2, and 3. Hence, Option 3: 1, 2, and 3 is correct.