Money supply is classified into M1, M2, M3 and M4 based on:
Availability
Portability
Fungibility
Liquidity
Money supply is classified into the four measures based on liquidity.
Q. RBI publishes figures for four alternative measures of money supply, viz. M1, M2, M3 and M4. Arrange them in decreasing order of their liquidity (1st one being the most liquid and last one being the least)
Consider the following statements related to money supply:-
Which of the above statements are incorrect?
2 and 3 only
2, 3 and 4 only
1, 2 and 4 only
1, 2 and 3 only