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Statement I is correct- The Repo rate is the interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF), Statement II is correct - Bank rate is the rate at which the RBI is ready to buy or rediscount bills of exchange or other commercial papers. The Bank Rate is published under Section 49 of the RBI Act, 1934. Statement III is correct - Cahs reserve ratio is the average daily balance that a bank is required to maintain with the Reserve Bank as a share of such per cent of its Net demand and time liabilities (NDTL) that the Reserve Bank may notify from time to time in the Gazette of India.
Which amongst the following nations is not a member of the Shanghai Cooperation Organisation (SCO)?
Which of the following is not the function of ATM?
Which of the following tax generates the maximum amount of revenue for the government of India?
Which of the following is known as the ability to convert an investment into cash quickly and with little or no loss in value?
The new increased authorised capital of NABARD is
Consider the following statement with reference to the Special Drawing Rights(SDRs).
A) It is an international reserve asset created by the IM...
Which electronic funds transfer system in India is available 24/7 throughout the year, including on holidays also?
The inability of a debtor to pay their debt is known as..........................
For which of the following reasons, NABARD has set up joint liability groups (JLG) of farmers?
All mutual funds in India must be compulsorily registered with which organization?