UPSC 2002 › Indian Economy › Monetary Policy & Money Supply

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UPSC 2002 · Q116 · Indian Economy › Monetary Policy & Money Supply · Save

Consider the following:

  1. Currency with the public
  2. Demand deposits with banks
  3. Time deposits with banks

Which of these are included in Broad Money (M3) in India?

(a) 1 and 2
(b) 1 and 3
(c) 2 and 3
(d) 1, 2 and 3
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Answer: (d) 1, 2 and 3