The Difference Between M1 and M2 Is That

question 143

Multiple Choice

The difference between M1 and M2 is that:

• A)the former includes notice deposits.
• B)the latter includes personal saving deposits and non-personal notice deposits.
• C)the latter includes government bonds.
• D)the latter includes cash held by chartered banks.

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Definitions:

Without Cutting

A manufacturing or shaping process that does not involve removing material, such as bending, casting, or forming.

General Contour

An outline that represents the shape or form of an object, especially used in design and drafting to indicate general shapes.

Front View

The principal view of an object in technical drawing, depicting the most characteristics of the design, typically facing the observer directly.

Purpose

The reason for which something is done or created or for which something exists.