CUET Economics - High powered money comprises of : | PYQs + Solutions

CUET Economics

Macro

Medium

Notes and coins in circulation with Public and Vault cash of Commercial Banks and deposits held by Government and Commercial Banks with RBI.

Notes and coins in circulation with Public and deposits held by Government.

Currency and deposits held by bank with RBI.

Notes and Vault cash of Commercial Banks.

✅ Correct Option: 1

Related questions:

3 June Shift 1

Kavish went to the supermarket with ₹5000 in his wallet to buy groceries for his family. He purchased vegetables, fruits and other household items, paying the respective prices at the counter. Which functions of money were being demonstrated in this real life scenario?

(A) Unit of Labour.

(B) Store of Value.

(D) Measure of Creditworthiness.

Choose the correct answer from the options given below:

26 May Shift 2

M3 is the most commonly used measure of money supply. It is also known as aggregate monetary resources. Which of the following is not a component of M3?

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). M1	(I). Currency held by the public and net demand deposits held by commercial banks
(B). M2	(II). M3 + Total deposits with Post Office savings organisations
(C). M3	(III). M1 + Net time deposits of commercial banks
(D). M4	(IV). M1 + Savings deposits with Post Office savings banks

Choose the correct answer from the options given below:

CUET Economics PYQs

Keyboard Shortcuts