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- 1. From which date banks were allowed free to fix base rates by RBI?
A.April 1, 2012
B.May 1, 2011
C.April 1, 2011
D.June 1, 2011
Answer & Explanation
Answer: Option C 
April 1, 2011
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- 2. Growth in M0 (Reserve money) during 2009-10 was?
A.17 percent
B.16 percent
C.18 percent
D.19 percent
Answer & Explanation
Answer: Option A
17 percent
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- 3. Which committee recommended the measurments like M0, M1, M2 and M3 ?
A.Y. V. Committee
B.Y. V. Reddy Committee
C.Y. V. Reddy
D.None of these
Answer & Explanation
Answer: Option B
Y. V. Reddy Committee
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- 4. Which law states that Bad money drives good money out of circulation?
A.Canon law
B.Thiers' Law
C.Gresham's Lake
D.Greshnams Law
Answer & Explanation
Answer: Option D
Greshnams Law
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- 5. Time deposits with banks are included in which measures of money stock?
A.M6 and M7
B.M5 and M6
C.M3 and M4
D.M4 and M5
Answer & Explanation
Answer: Option C
M3 and M4
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To whom this IBPS PO & Clerks Set 6 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
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- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
- SSC Competitive Exams
- Defence Competitive Exams
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- Railway Competitive Exam
- University Grants Commission (UGC)
- Career Aptitude Test (IT Companies) and etc.
