Question 48
MediumOriginal questionM3 is ₹2,500 crore and net time deposits with banks are ₹1,600 crore. M1 is
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
M3 = M1 + time deposits, so M1 = 2,500 − 1,600 = ₹900 crore.
- Concept
- M1 from M3
- Typical timeTypical
- 70 s
- Your timeYours
- —
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