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
Which of the following are included in High-Powered Money (H)?
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 with RBI. Post office deposits are not part of it.
Final Answer: Option A - 1 and 2 only