Which of the following statements is/are correct? I.M0 is called broad money…

PYQ SSC JE (Junior Engineer) 2024

Which of the following statements is/are correct?

I.M0 is called broad money

II.M1 is called narrow money

III.M0 = Currency in Circulation + Bankers’ Deposits with RBI + ‘Other’ Deposits with RBI

  1. A.

    Only I

  2. B.

    Only II and III

  3. C.

    Only I and III

  4. D.

    Only III

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