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For M1 why other deposit with RBI not taken ?

Kumar G

CA Final

★ 12K+

29-May-22 10:36

618

Answers (9)

Best Answer

Thread Starter

Kumar G

They didn't included in above problem Please explain

This is becaue they have taken Deposit money of the public which includes Demand deposits with banks + other deposits with RBI. Either you take Deposit money of the public or Demand deposits of public + Other deposits with RBI

Sahibdeep Singh

CA Inter

★ 14K+

29-May-22 12:07

Is it included in Deposit money of the public

Thread Starter

Kumar G

CA Final

★ 12K+

29-May-22 10:39

M1= CU + DD Meaning it include only Currency, in the form of coins and notes. And Demand Deposit.

Jitendra Kumar

CA Final

★ 41K+

29-May-22 10:47

Jitendra Kumar

M1= CU + DD Meaning it include only Currency, in the form of coins and notes. And Demand Deposit.

Demand deposit+other deposit with RBI?

Thread Starter

Kumar G

CA Final

★ 12K+

29-May-22 10:50

Thread Starter

Kumar G

Demand deposit+other deposit with RBI?

Yes, other deposit with RBI also included in M1.

Jitendra Kumar

CA Final

★ 41K+

29-May-22 10:55

Jitendra Kumar

Yes, other deposit with RBI also included in M1.

Then in pic shared by me, they didn't included

Thread Starter

Kumar G

CA Final

★ 12K+

29-May-22 11:10

Thread Starter

Kumar G

Demand deposit+other deposit with RBI?

Yes.

shalu Muthukumar

CA Final

★ 1K+

29-May-22 11:53

shalu Muthukumar

Yes.

They didn't included in above problem Please explain

Thread Starter

Kumar G

CA Final

★ 12K+

29-May-22 11:56

Sahibdeep Singh

Thank you sir

Thread Starter

Kumar G

CA Final

★ 12K+

29-May-22 12:10

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