Which among the following is not rightly explained 2 marks i M1 Currency with the public demand...........

Miscellaneous Others

Which among the following is not rightly explained ? (2 marks)

(i) M1 = Currency with the public + demand deposits of the public.

(ii) M2 = M1 + Post Office Savings Deposits.

(iii) M3 = M1 + Time Deposits of the public with Banks.

(iv) M4 = M3 + Total Post Office Deposits.

(v) M1 = Narrow money

(vi) M3 = Broad money

Only (v) and (vi)

Only (i) and (iii)

Only (vi)

None of the above

None of the above

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