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The sum of which of the following constitutes Broad Money in India ? I. Currency with the Public II. Demand deposits with banks III. Time deposits with banks IV. Other deposits with RBI
Choose the correct answer using the codes given below :

(a)

I and II

(b)

I, II and III

(c)

I, II, III and IV

(d)

I, II and IV

Correct Answer

(c)

Explanation