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Question
M3 = ______
Options
M1 + Time deposits of all commercial banks and co-operative banks (excluding interbank time deposits).
M1 + Time deposits of all commercial banks (excluding interbank time deposits).
M1 + Demand deposits of all commercial banks and co-operative banks (excluding interbank time deposits).
M2 + Time deposits of all commercial banks and co-operative banks (including interbank time deposits).
MCQ
Fill in the Blanks
Solution
M3 = M1 + Time deposits of all commercial banks and co-operative banks (excluding interbank time deposits).
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