101. Federal Reserves is the financial organisation of

1. 1. USA

   
   
   

   2. Britain

   
   
   

   3. France

   
   
   

   4. Japan

   
   
   

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   N/A

   Correct Option: A

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102. Capital Market Regulator is

1. 1. RBI

   
   
   

   2. IRDA

   
   
   

   3. NSE

   
   
   

   4. SEBI

   
   
   

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   N/A

   Correct Option: D

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103. Consider the following of the rupee may mean
     1. Its free float with other international currencies
     2. Its direct at any prescribed place inside and outside the country.
     3. It acts just like any other international currency.
     Which of these statements are correct?

1. 1. 1 and 2

   
   
   

   2. 1 and 3

   
   
   

   3. 2 and 3

   
   
   

   4. 1, 2 and 3

   
   
   

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   N/A

   Correct Option: A

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104. Consider the following statements and select the correct answer from the code given below
     Assertion (A) : Devaluation of a currency may promote export
     Reason (R) : Price of the country's product in the international market may fall due to devaluation.
     Code
     

1. 1. Both (A) and (R) are true and R is the correct explanation of (A)

   
   
   

   2. Both (A) and (R) true but (R) is not a correct explanation of (A)

   
   
   

   3. (A) is true but (R) is false

   
   
   

   4. (A) is false but (R) is true

   
   
   

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   N/A

   Correct Option: B

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105. Money times we read a term 'Hot Money' in newspaper. What is/are the characteristics of Hot Money?
     1. The term is used for fresh currency notes issued by the RBI.
     2. It is the fund which flows in the market to take advantage of high interest rates.
     3. It is the fund which is thrown in the market to create in balance in the stock markets.
     Codes

1. 1. Only 1

   
   
   

   2. Only 2

   
   
   

   3. Only 3

   
   
   

   4. All 1, 2 and 3

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

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