Assuming the intended bullet points A, B, C refer to Currency with the Public, Demand Deposits with banks, and Net Time Deposits with banks respectively, these are the core components that distinguish M3 from narrower measures like M1. While 'Other' Deposits with RBI are also part of M3, if they were not listed as E or if E represented something else not in M3, then A, B, C would be the correct components listed.
M3 A. B. C. D. E.
Asked in KPSC KAS Prelims 2024 · Topic: Money & Banking (Money: Functions, Forms, and Measures of Money Supply)
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