Start learning 50% faster. Sign in now
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.
If G is the son of H, H and I are sisters, K, is the mother of I, J is the son of K, then which of the following statements is correct?
How is K related to J?
How is H is related to C?
Which of the following indicates that ‘D is grandmother of T’?
How was A related to E?
Which among the following option(s) is/are definitely true?
In a family, U is the father of L. U has only two children. L is the brother of I. I is the daughter of S. B is the grand-daughter of S. C is the father...
How is U related to R?
Four of the following five are alike in a certain way and thus form a group as per the given arrangement. Which of the following does not belong to tha...
How is P related to M’s son?