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Bank rate −The rate at which central bank provides loan to commercial banks is called bank rate. This instrument is a key at the hands of RBI to control the money supply in long term lending. Repo Rate: Repo (Repurchase) rate is the rate at which the RBI lends shot-term money to the banks against securities. When the repo rate increases borrowing from RBI becomes more expensive. Repo rate is always higher than the reverse repo rate. Reverse Repo Rate: It is the exact opposite of repo. In a reverse repo transaction, banks purchase government securities form RBI and lend money to the banking regulator, thus earning interest. Reverse repo rate is the rate at which RBI borrows money from banks. The banks use this tool when they feel that they are stuck with excess funds and are not able to invest anywhere for reasonable returns.
Select the option that can be used as a one-word substitute for the given group of words.
A herd or flock of animals being driven in a body
Abjure
1. Churlish
2. Dash
3. Retain
4. Chivalrous
...Candour
A. The bold realist whose candour , even temerity, was legendary turned out to have been hiding a secret.
B. Their candour is a...
Select the option that best expresses the meaning of the bold phrase/group of words.
Several houses had to be demolished to decongest the roa...
Among the given alternatives, find the word which can be the best substitute for the given sentence.
One who often talks of his achievement...
Select the option that can be used as a one-word substitute for the given group of words.
Words written on a tombstone in the memory of the pe...
Choose the option which can be substituted for the given words/sentence.
A place where wild animals are kept
Give one word substitutes for the following from the choices given below them.
A doctrine that equates God with the forces and laws of universe.