| Column I | Column II | ||
| (A) | Encashed by issuing a cheque | 1. | Transaction money |
| (B) | Currency and coins, cheques (or demand deposits) are | 2. | Demand deposits |
| (C) | \[{{M}_{1}}\] is also known as | 3. | Exclude national saving certificates |
| (D) | \[{{M}_{4}}\] | 4. | Components of money supply |
A) A - 4, B - 3, C - 1, D - 2
B) A - 1, B - 2, C - 4, D - 3
C) A - 2, B - 4, C - 1, D - 3
D) A - 3, B - 4, C - 2, D - 1
Correct Answer: C
Solution :
[c] A - 2, B - 4, C - 1, D -3
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