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DSSSB PRT 2022 Afternoon 📅 23 Mar, 2022

RBI publishes figures for four alternative measures of money supply. Which of the following is correct regarding M3?

A
CU + DD
B
M1 + Net time deposits of commercial banks
C
M1 + Total deposits with post office savings organisations
D
M1 + Saving deposits with post office savings banks
Result Summary
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APEDIA

DSSSB PRT
2022 • 23 Mar, 2022 • Afternoon
RBI publishes figures for four alternative measures of money supply. Which of the following is correct regarding M3?
Correct Answer
M1 + Net time deposits of commercial banks
• Money Supply: M3 = M1 + Net Time Deposits of Commercial Banks. (Broad Money)....
💡 Analysis & Explanation
• Money Supply
M3 = M1 + Net Time Deposits of Commercial Banks. (Broad Money).