state gov BPSC Assistant Revenue & Accounts Officer Test Series 2025 General Knowledge Economy

RBR calculates four components of money supply namely M1, M2, M3, and M4. Choose the wrong pair from the following-

1
M1 is made up of currency and coins held by the public, demand deposits of banks
2
M2 is formed from deposits of M1 and the post office
3
M3 consists of the sum of M2 and M'.
4
M4 consists of M3 and demand as well as post office time deposits
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