Q. Consider the following imaginary figures in context with the “Components of Money Stock”.
Currency in Circulation is Rs. 1000
Cash with Banks is Rs. 20
“Other” Deposits with RBI is Rs. 15
“Bankers” Deposit with RBI is Rs. 40
Demand Deposits is Rs. 500
Time Deposits is Rs. 400
Which among the following is the correct figure representing “Broad Money“?
Answer: Rs. 1895
Notes: