Economy, asked by Anonymous, 1 year ago

EXPLAIN DIFFERENT MEASURE OF MONEY SUPPLY USED BY RBI IN INDIA.
6 Mark's question.

Answers

Answered by dhaswinkavingmailcom

Answer:

In India Reserve Bank of India uses four alternative measures of money supply called M1, M2, M3 and M4. Among these measures M1 is the most commonly used measure of money supply because its components are regarded most liquid assets. Each measure is briefly explained below.

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