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Indian Economy MCQ
1. Which among the following describes narrow money or M1?
(A): (A) demand deposits of banks + ‘Other’ deposits with RBI + sum of currency notes and coins held by the public
(B): (B) demand deposits of banks + ‘Other’ deposits with RBI + Time deposits with the banks
(C): (C) demand deposits of banks + ‘Other’ deposits with RBI
(D): (D) Time deposits of banks + ‘Other’ deposits with RBI
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