Q: Which of the following are included in M1 definition of money for the Indian economy? 1. Reserves 2. Currency 3. Time deposits 4. Demand deposits Select the correct answer using the code given below.
(a)1 and 3 only
(b)2 and 3
(c)2 and 4
(d)1, 3 and 4
Correct Answer: (c)
The correct answer is (c) '2 और 4'. This question from the General Studies domain tests knowledge of Miscellaneous.