What are the measures adopted by RBI for supply of money ?
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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 it's components are regarded most liquid assets .
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In India Reserve Bank 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 it's component are regarded most liquid assets .
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