The question asks which demand was not made by the Congress moderates. Let`s analyze each option:

Option 1: Universal adult franchise. This refers to the right for all adults, regardless of gender, caste, or religion, to vote in elections. It was a significant demand made by the Congress moderates.

Option 2: Repeal of the Arms Act. The Arms Act was introduced by the British colonial government to regulate the possession of firearms. The demand for its repeal was made by various sections of Indian society, including the Congress moderates.

Option 3: Extension of Permanent Settlement. The Permanent Settlement was a land revenue system introduced by the British in Bengal. The demand for its extension was not made by the Congress moderates.

Option 4: Higher jobs for Indians in the army. The demand for higher representation of Indians in the army was made by the Congress moderates as a step towards Indian empowerment and self-governance.

From the analysis, we can conclude that option 3, the extension of Permanent Settlement, was not a demand made by the Congress moderates.