economics easy Fill in the Blank

The narrowest measure of money supply in India, M1, includes Currency with the public, Demand Deposits, and ___ Deposits with the RBI.

  1. two
  2. Other
  3. TRIMs (or Trade-Related Investment Measures)
  4. Net Factor Income from Abroad (NFIA)

Answer: Other

M1 is the most liquid measure of money supply, comprising coins and currency notes held by the public, net demand deposits held by commercial banks, and 'Other Deposits' (like foreign central bank or IMF deposits) held with the RBI. It represents the money immediately available for transactions.

Topic Macroeconomics - Money
Exam Relevance SSC, Railway, Banking