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What items are included in the M3 measure of money supply?

+3 votes

asked Mar 9, 2019 in Economics by kratos

What items are included in the M3 measure of money supply?

cbse
monetary economics
money
functions
money and banking
evolution
class-12

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1 Answer

+5 votes

answered Dec 21, 2020 by kratos

Best answer

M3(currency notes and coins with public + demand deposits of commercial and co-operative banks + other deposits with RBI),
Time deposits of all commercial and co-operative banks.

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