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CUET Economics 2025 PYQs3 June Shift 2. Free, no login required.

Macro

past year questions, CUET Economics 2025 3 June Shift 2

Money & Banking

past year questions, Macro, CUET Economics 2025 3 June Shift 2

Medium

Match List-I with List-II

List-IList-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:

Solution

✅ Correct Option: 4

Option 4: (A) - (III), (B) - (IV), (C) - (I), (D) - (II) -> Let's match each item correctly:

(A) Fixed period to maturity matches with (III) Time Deposits - Time deposits (like fixed deposits) are bank deposits that have a predetermined, fixed maturity period during which the money cannot be withdrawn without penalty.

(B) Currency notes and coins matches with (IV) Fiat Money - Modern currency notes and coins are fiat money, meaning they have value because the government declares them as legal tender, not because they have intrinsic value in themselves.

(C) Gold or silver coin matches with (I) Intrinsic Value - Gold and silver coins possess intrinsic value because the metal itself (gold or silver) has inherent worth and utility beyond its use as money.

(D) Aggregate monetary resources matches with (II) M3 - M3 is the broadest measure of money supply that represents the aggregate monetary resources in an economy, including currency, demand deposits, time deposits, and other liquid assets. -> correct

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