Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Match List-I with List-II

List-I

List-II

(A) Currency + Demand Deposits + Savings deposits with Post Office savings banks

(I) M4

(B) Currency + Demand Deposits + Net time deposits of commercial banks + Total deposits with Post Office

(II) M2

(C) Currency + Demand Deposits

(III) M3

(D) Currency + Demand Deposits + Net time deposits of commercial banks

(IV) M1

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

Explanation:

The correct answer is Option (2) → (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

List-I

List-II

(A) Currency + Demand Deposits + Savings deposits with Post Office savings banks

(II) M2

(B) Currency + Demand Deposits + Net time deposits of commercial banks + Total deposits with Post Office

(I) M4

(C) Currency + Demand Deposits

(IV) M1

(D) Currency + Demand Deposits + Net time deposits of commercial banks

(III) M3