Which of the following is broad money (M3) in India?
A. Currency with public + demand deposits in the banks
B. Currency + demand deposits + other deposits with RBI
C. Currency + demand deposits + time deposits
D. Currency + demand deposits + time deposits + other deposits with RBI
Answer:D
Which of the following is broad money (M3) in India?
A. Currency with public + demand deposits in the banks B. Currency + demand deposits + other deposits with RBI C. Currency + demand deposits + time deposits D. Currency + demand deposits + time deposits + other deposits with RBI