21. Consider the following
    1. Currency with the public
    2. Demand deposits with banks
    Which of these are included in Broad Money (M₃) in India?

1. 1. 1 and 2

   
   
   

   2. 1 and 3

   
   
   

   3. 2 and 3

   
   
   

   4. 1, 2 and 3

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

   N/A

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22. During period of inflation, rates should

1. 1. increase

   
   
   

   2. decrease

   
   
   

   3. remain constant

   
   
   

   4. fluctuate

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

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23. Which is the first Indian Company to be listed on NASDAQ?

1. 1. Reliance

   
   
   

   2. TCS

   
   
   

   3. HCL

   
   
   

   4. Infosys

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

   N/A

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24. If over a given period of time both prices and money income have been doubled, the real income will be

1. 1. doubled

   
   
   

   2. halved

   
   
   

   3. unchanged

   
   
   

   4. prices do not affect real income

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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25. Inflation in India is measured on which of the following indexes/indicators?

1. 1. Cost of Living Index (CLI)

   
   
   

   2. Consumer Price Index (CPI)

   
   
   

   3. Gross Domestic Product (GDP)

   
   
   

   4. Wholesale Price Index (WPI)

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

   N/A

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