Question
What do we call the rate at which the commercial banks
park their money to Reserve Bank of India?Solution
Repo Rate: The (fixed) 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). Reverse Repo Rate: The (fixed) interest rate at which the Reserve Bank absorbs liquidity, on an overnight basis, from banks against the collateral of eligible government securities under the LAF.
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When is the National Science Day observed annually?
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Who is the Principal Scientific Adviser to the Government of India?
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The leading Manganese producing State in India is –
’Chapchar Kut’ is a popular festival of which of the following Indian state/ UT?
