Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Match List-I with List-II

List-I

List-II

(A) M1

(I) Currency held by the public and net demand deposits held by commercial banks

(B) M2

(II) M3 + Total deposits with Post Office savings organisations

(C) M3

(III) M1 + Net time deposits of commercial banks

(D) M4

(IV) M1 + Savings deposits with Post Office savings banks

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (1) → (A)-(I), (B)-(IV), (C)-(III), (D)-(II)

List-I

List-II

(A) M1

(I) Currency held by the public and net demand deposits held by commercial banks

(B) M2

(IV) M1 + Savings deposits with Post Office savings banks

(C) M3

(III) M1 + Net time deposits of commercial banks

(D) M4

(II) M3 + Total deposits with Post Office savings organisations