CUET Economics - High powered money comprises of : | PYQs + Solutions

CUET Economics

Macro

Medium

Notes and coins in circulation with Public and Vault cash of Commercial Banks and deposits held by Government and Commercial Banks with RBI.

Notes and coins in circulation with Public and deposits held by Government.

Currency and deposits held by bank with RBI.

Notes and Vault cash of Commercial Banks.

✅ Correct Option: 1

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Money deposited in the banks are considered ______________ of the banks.

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If the M1 in the economy is Rs 375 crores, net time deposits of commercial banks is Rs 250 crores and total deposits with post office savings organizations is Rs50 crores, then what will be M4?

CUET Economics PYQs

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