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  • Broad money is
Multiple choice

Broad money is

  1. M1

  2. M2

  3. M3

  4. M4

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Broad money includes less liquid forms of money beyond narrow money (M1). M3 is defined as broad money in India, consisting of M1 plus time deposits, savings deposits, and other less liquid forms. M3 = M1 + time deposits.

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