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Money Supply — Peeling M0 → M1 → M2 → M3
UPSC GS-III Economy · Money & Banking
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Legend
M0 — reserve money
M1 — narrow money
M2 — +PO savings
M3 — broad money
Money multiplier
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Slide Explode to peel the shells apart · X-Ray to see the M0 seed inside
Source: RBI — Handbook of Statistics & NCERT Macroeconomics · Interactive 3D learning model
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