Broad Money and Narrow Money - M1,M2, M3 and M4

Dr. Manishika Jain in this lecture explains Broad and Narrow Money.
Refer - www.doorsteptu...
M1 = CU (currency - notes and coins with public) + DD (demand deposit by banks)
M2 = M1 + Savings deposits with Post Office savings banks
M3 = M1 + Net time deposits of commercial banks
M4 = M3 + Total deposits with Post Office savings organisations (excluding National Savings Certificates)
M1 is most liquid and easiest for transactions whereas M4 is least liquid of all. M3 is the most commonly used measure of money supply. It is also known as aggregate monetary resources.
Difference between Narrow Money & Broad Money @04
Narrow & Broad Money @1:05
#Organisations #Currency #Commercial #Excluding #Deposit #Broad #Narrow #Manishika #Examrace
Broad money m2
Examples of narrow money
Narrow money and broad money UPSC
Broad money m4
RBI defines narrow money as
Money supply
Narrow money UPSC
M4 money supply #examrace #upsc #ugcnet

[@arima628]

👌 nice

[@haslozara00]

Hello ma'am
Myself Banu
'M from Karnataka..
Maine apna kset is baar clear kiya hai in subject of Economics...
aapke videos and suggestion really vry helpfull to me...
Thank u so much ma'am
Really, really , really thanks a lot

[@Examrace]

Complete content @ www.doorsteptutor.com/Exams/UGC/Economics/

[@K.Pavithra_248]

Mam!! U r Inspiration to many girls,I am one of that..

[@VagabondSabai]

Crisp to the core, nice

[@siva-vsr]

Mam, with your nice explanation, topics becomes very easy to learn.

[@akhilravindranath9179]

VERY WELL EXPLAINED

[@kurt1585]

Excellent

[@mridulsahu_]

Kya bat hai

[@rasikupadhye2534]

Interesting

[@ramnareshyadavmg2877]

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Nsc comes under?

[@makkirajesh0018]

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[@suma4544]

Tq miss