Multiple choice

Consider the following assets:

  1. Cash held by public
  2. Equity shares of banks
  3. Deposits of banks
  4. RBI bonds

Which of the above assets are considered as part of money supply?

  1. 1 and 2

  2. 1 and 3

  3. 2 and 3

  4. 1, 3 and 4
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Shares having a claim to participate in the whole range of annual profits remaining to a company after it has satisfied all charges and met any fixed preferential dividends, and having a right to participate in surplus assets in a winding up.

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