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Question : Calculate M3 from the following-
Currency with public- 82000
Demand deposits with banks- 34000
Other deposits with RBI- 4563
Total deposits with Post office- 2240
Time deposits with banks- 2,45,000
Post office savings bank deposits- 2683
 

Option 1: 323254
 

Option 2: 365563
 

Option 3: 363255
 

Option 4: 343256


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: 365563


Solution : M3= Currency with the public + Demand deposits + Other deposits with RBI + Net time deposits with banks
M3= 82000+34000+4563+245000
M3= 365563
Hence option B is correct.

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