UPSC Exam  >  UPSC Questions  >  Consider the following statements and identif... Start Learning for Free
Consider the following statements and identify the right ones.
i. Data on liquidity aggregates L1 and L2 are published weekly
ii. Data on L3 are published once in a quarter.
  • a)
    i only
  • b)
    ii only
  • c)
    both
  • d)
    none
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following statements and identify the right ones.i. Data ...
Data on liquidity aggregates L1 and L2 are published on a monthly basis.
View all questions of this test
Most Upvoted Answer
Consider the following statements and identify the right ones.i. Data ...
Statement Analysis:

i. Data on liquidity aggregates L1 and L2 are published weekly
ii. Data on L3 are published once in a quarter.

Answer Explanation:

The given statements are related to the publication of data on liquidity aggregates in the market. Let's analyze each statement and identify the correct ones.

i. Data on liquidity aggregates L1 and L2 are published weekly:
This statement is true. The central bank of a country publishes data on liquidity aggregates L1 and L2 weekly. This data indicates the amount of currency in circulation, deposits in the banking system, and other liquid assets that can be quickly converted into cash. This information is crucial for policymakers and investors to monitor the overall liquidity situation in the market.

ii. Data on L3 are published once in a quarter:
This statement is also true. However, it is important to note that L3 is not a liquidity aggregate. It refers to the broad money supply, which includes currency in circulation, deposits in the banking system, and other types of deposits. The central bank of a country publishes data on L3 once in a quarter. This data provides insights into the overall money supply in the economy and how it is changing over time.

Therefore, the correct answer is option B, i.e., statement ii only.

Conclusion:

In conclusion, the given statements provide information on the publication of data on liquidity aggregates and broad money supply by the central bank of a country. These data points are critical for policymakers and investors to make informed decisions about the market's overall liquidity and money supply situation.
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements and identify the right ones.i. Data on liquidity aggregates L1 and L2 are published weeklyii. Data on L3 are published once in a quarter.a)i onlyb)ii onlyc)bothd)noneCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev