Answer: M1 and M2
Notes: M1 includes currency with the public, demand deposits with the banking system, and other deposits with RBI. M2 comprises M1 plus savings deposits with post office savings banks. Reserve Bank of India defines M1 and M2 together as Narrow Money. Broad Money (M3 and M4) contains larger aggregates. RBI monetary aggregates classification was notified in 1977 and updated in April 2022.
