Question
The elements given below are some of the parts of the M4
money supply of Indian economy 聽 (a) Broad money (M3) (b) All deposits with the post office savings bank (c) National savings certificate Choose the correct option which constitute M4Solution
The four measures of money supply are: 路聽 聽 聽 聽M1 = C + DD + OD 路聽 聽 聽 聽M2 = M1 + Saving deposits with the post office saving banks 路聽 聽 聽 聽M3 = M1 + Time deposits with the Banks 路聽 聽 聽 聽M4 = M3 + Total deposits with the post office saving organizations The new measures of money supply are: 路聽 聽 聽 聽NM1 = C + DD + OD 路聽 聽 聽 聽NM2 = NM1 + Short-term time deposits of residents (including and up to the contractual maturity of one year) NM3 = NM2 + Long-term time deposits of residents + Call/Term funding from financial institutions.聽 M3 and M4 are broad measures of money supply whereas M1 and M2 are narrow measures of money supply.
ABC Company extends credit terms of 45 days to its customers. Its credit collection would be considered poor if its average collection period was
What minimum percentage of the required CRR, are banks required to maintain on a daily basis?
What is the difference between bullion and numismatic coins?
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Which of the following risks are addressed by Asset Liability Management ?
A retail investor with a moderate risk tolerance is looking to diversify their investment portfolio and gain exposure to the stock market. They are inte...
What is the Minimum Holding Period (MHP) for loans with a tenor of up to 2 years before they can be transferred by the transferor?
A banking company has to submit to Reserve Bank under Section 25(1) of the Banking Regulation Act, a return regarding its assets in India. The frequency...
Which of the following is correct regarding Risk Adjusted Returns on investment?
聽聽聽聽聽 I.聽聽聽聽聽聽聽聽 It is the process where a Risk in ...
If the exchange rate between USD and INR is quoted as 1 USD = Rs.83, it is _________ while when it is quoted as Rs.100 = USD 1.21, it is __________.聽
Under which section of the Income Tax Act can an individual claim a deduction for interest paid on a housing loan for a self-occupied property?
