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Question

Consider the following
1) Currency in Circulation.
2) Banker's deposits with the RBI.
3) Call / Term Funding from Financial Institutions.
4) 'Other' deposits with RBI.
Which of the components given above is / are included in the calculation of Reserve Money in India ?

A
Only 2
B
2 , 3 and 4
C
1 , 2 and 4
D
1 and 2
Solution
Verified by Toppr

Correct option is C. 1 , 2 and 4

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Q1
Consider the following
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3) Call / Term Funding from Financial Institutions.
4) 'Other' deposits with RBI.
Which of the components given above is / are included in the calculation of Reserve Money in India ?
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