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Home / Questions / Which of the following is true, if Mr. Somesh transfers Rs.1000 from his current account i

Which of the following is true, if Mr. Somesh transfers Rs.1000 from his current account i

Which of the following is true, if Mr. Somesh transfers Rs.1000 from his current account in a bank to a fixed deposit scheme in the same bank?


[A]M1 falls, but M2 rises
[B]Both M1 and M2 rises
[C]M1 falls, but M3 rises
[D]M2 falls, but M3 remains constant

Jan 10 2018 View more View Less

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