The Reserve Bank of India publishes four measures of money supply. Which one of the measures is the least liquid in them?
Held on 3 Jun 2025 · Verified 13 Jul 2026.
M₁ = CU + DD.
M₂ = M₁ + Savings deposits with Post Office savings banks.
M₃ = M₁ + Net time deposits of commercial banks.
M₄ = M₃ + Total deposits with Post Office savings organisations.
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