M4 Total deposits with the Post Office Saving Organization excluding National Saving ...........

Economics (CUET) Money and banking

M4 = ____________+ Total deposits with the Post Office Saving Organization (excluding National Saving Certificate). (Fill up the blank with correct alternative)

M₂

None of these

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Explanation:

Option (3) is correct.
Explanation: M, is the widest measure of money supply that the RBI uses. It includes all the aspects of M, and also includes the savings of the post office banks of the country. It is the least liquid measure of all of them. M1 = M3 + Post office savings