1.

According to traditional measures of Money Supply - M1 = C + ? *​

Answer»

Explanation:

M1 - Money supply refers to stock of money of all types of held by the PEOPLE of country at the point of time

M1= C + DD + OD

C - currency held by the public in terms of PAPER notes and coin

DD - direct DEPOSIT held by the public with commercial banks

OD - Other deposit with public financial institution, foreign central bank ETC



Discussion

No Comment Found

Related InterviewSolutions