Which of the following options is the correct formula for the M0 measure of money supply, also known as 'reserve money'?
1
M0 = Money in circulation + Bankers' deposits with RBI + Other deposits with RBI
2
M0 = Currency with the public + Demand deposits in banks + Other deposits in RBI + Post office savings Savings deposits of banks
3
M0 = Money with the public + Demand deposits in banks + Other deposits in RBI
4
M0 = Money with the public + Demand deposits in banks + Other deposits in RBI + Net fixed deposits of banks