Consider the following statements regarding Liquidity Aggregates
1. There are 4 liquidity aggregates namely, L1, L2, L3 and L4.
2. It includes select items of financial liabilities of non-depository financial corporations, NBFCs, and post office savings banks.
3. L1 is equal to M3 plus all deposits with post office savings banks (excluding NSCs).
4. L2 is equal to L1 plus term deposits with term lending institutions and refinancing institutions.
Which of the statements given above is/are correct?1
4 only
2
3 only
3
2 only
4
2 and 3 only