What are the alternative definitions of money supply in India?
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Alternative measures of Money Supply (money stock):
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.
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.
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