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Question : Calculate M4 from the following-
Currency with public- 820
Demand deposits with banks- 340
Other deposits with RBI- 450
Total deposits with Post office- 220
Time deposits with banks- 240
Post office savings bank deposits- 260
 

Option 1: 2070

Option 2: 2080

Option 3: 2090

Option 4: 2100


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 2070


Solution : M4= Currency with the public + Demand deposits + Other deposits with RBI + Net time deposits with banks + Total deposits with post office.

M4= 820+340+450+240+220

M4= 2070

Hence option A is correct.

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