Question

Reserve Money (M0), also known as High-Powered Money or the Monetary Base, is the most fundamental aggregate. According to RBI reporting in 2026, which of the following is the primary source of Reserve Money? 

A Net non-monetary liabilities of the RBI
B Short-term commercial papers held by corporate entities
C Total deposits with the Post Office
D Net RBI credit to the Government and RBI's claims on banks
E M3 multiplied by the Money Multiplier
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RBI Grade B 2026 Phase 1 Memory Based Paper
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