Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ - decoded step-by-step.
Solve it the standard way once - then learn the shortcut.
Q · Money and Types of MoneyMedium · 45s
Q₈. Which of the following is broad money (M₃)?
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.
Broad Money (M₃) = M₁ + Time deposits with banks.
Final Answer: Option B - M₁ + Time deposits with banks