Question

In India, the monetary aggregate M3 (also called Broad Money) includes:  

A Currency with the public + Demand deposits with banks
B Only currency and demand deposits, excluding time deposits
C Currency with the public + Demand deposits + Time deposits with banks + Other deposits with RBI
D Currency with the public + Demand deposits + Net time deposits with RBI only
E High-powered money (M0) plus demand deposits
Practice Next

Hey! Ask a query