CUET Economics - Which statement is not true for M3 as a measure of money supply. | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Macro

Medium

M3 is known as Aggregate Monetary Resources.

M3 is the most commonly used measure of money supply.

M3 = M4 - Total deposits with Post Office savings organizations (excluding National Savings Certificates).

M3 = M1 + Saving deposits with a post office savings bank.

✅ Correct Option: 4

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CUET Economics 2025 30 May Shift 2 PYQs

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