India Money Supply M3 ECONOMICS:INM3 Historical Data and Chart TradingView India
Here, the National Savings Certificate (NSC), a savings bond for savings on income tax, is subject to exclusion. The M2 measure of the money supply includes all the components of the M1 measure of the money supply and saving deposits with post office saving banks. From 1977 to 1998, RBI used four monetary aggregates – M1, M2, M3 and M4 – to measure money supply. The central bank also used the concept of Reserve Money. L1 – NM3 + All…
