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

Related questions:

30 May Shift 2

Arrange the following in ascending order in respect of evolution of money.

(A) Coin exchanges.

(B) Barter exchanges.

(D) Paper currency.

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15 May Shift 1

Which of the following is the correct pair of narrow money?

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Fixed period to maturity.	(I) Intrinsic Value
(B) Currency notes and coins.	(II) M3
(C) Gold or silver coin.	(III) Time Deposits
(D) Aggregate monetary resources.	(IV) Fiat Money

Choose the correct answer from the options given below:

CUET Economics 2025 30 May Shift 2 PYQs