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
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