Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ - decoded step-by-step.
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Q · Money and Types of MoneyMedium · 45s
Q₂₀. Which of the following are included in high-powered money (H)? Currency in circulation Cash reserves of banks with RBI Post office deposits Select the correct answer:
TopicMoney and Types of Money
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
High-powered money = currency in circulation + cash reserves of banks + other deposits with RBI (not post office).
Final Answer: Option A - 1 and 2 only