Which of the following is NOT a part of Broad Money in India?
Which of the following is NOT a part of Broad Money in India?
[A]Currency with the Public
[B]Demand Deposits with Banks
[C]Time Deposits with Banks
[D]Other Deposits with RBI
Other Deposits with RBI
Broad money does not include the interbank deposits such as deposits of banks with RBI or other banks. At the same time, time deposits of public with all banks including the cooperative banks are included in the Broad Money.
Originally written on
May 30, 2015
and last modified on
May 30, 2015.