M₂ includes all components of M₁ (which comprises currency in the hands of the public and demand deposits, or other liquid deposits), plus savings deposits (including money market deposit accounts), small-denomination time deposits (certificates of deposit, or CDs, of under $100,000), and retail (small-denomination) money market mutual fund shares. These elements are seen as "near money" and can be readily converted to cash, therefore, they are included in the broader measure of the money supply known as M₂. Post office savings are included as they are a type of savings deposit. National Saving Certificates, coins and currency notes, and demand deposits are not added to M₁ to get M₂, as these are either already accounted for in M₁ or are different form of savings assets.
Pheromone trap comes under which type of control measure?
What is the recommended area of a calving box with adequate soft bedding?
Which one of the following is the unit value of Ammonium sulphate containing 20% and costs Rs 640/t?
Pineapple disease is associated with which crop?
Enzyme responsible for carboxylation in C3 type plants is:
Among all the states, which state has covered largest area under organic certification
If the NPW is zero, then B/C ratio is
Lalit and Shweta are the varieties of:
Which is the first step involved in the implementation of the supply chain management system?
Citrus canker is caused by
