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What is term Hot Money used for ?

  • black money
  • white money
  • a money which is hard to come but easy to go
  • a money which comes easily and goes easily too

Answer: Option D

Similar Questions :

1. The bank which has the highest number of branches in the world is ?

  • State Bank of India
  • RBS
  • London Bank
  • Canara Bank

Answer: Option A

2. Who was the winner of new Rupee symbol contest ?

  • S Ravi Chandra
  • Vijay Singh
  • Anil Agnihotri
  • D Udaya Kumar

Answer: Option D

3. Deficit financing means that the government borrows money from the ?

  • Revenue Department
  • World Bank
  • RBI
  • None of above

Answer: Option C

4. International Monetary Fund (IMF) was established on :

  • 25 September, 1944
  • 27 December, 1944
  • 25 September, 1945
  • 27 December, 1945

Answer: Option D

5. Life Insurance Corporation (LIC) of India was established in ?

  • 1955
  • 1956
  • 1957
  • 1958

Answer: Option B

Explanation:

Life Insurance Corporation (LIC) of India was established in September 1956.

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