Which of the following rates signals the RBI’s long-term outlook on interest rates?
Repo rate is the rate at which RBI lends to its clients generally against government securities. Reverse Repo rate is the rate at which RBI borrows money from the commercial banks. Bank rate is the rate charged by the central bank for lending funds to commercial banks. Bank rates influence lending rates of commercial banks. Higher bank rate will translate to higher lending rates by the banks. In order to curb liquidity, the central bank can resort to raising the bank rate and vice versa. Statutory liquidity ratio (SLR) is the Indian government term for reserve requirement that the commercial banks in India require to maintain in the form of gold, government approved securities before providing credit to the customers. Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down.
The 'Solidarity Exercise' is a joint military drill conducted by which of these?
Qualcomm signed a new deal to supply 5G chips to which company until at least 2026?
Consider the following statements about Adaptation Gap Report:
1. It is annually published by the UNDP since 2014
2. According to th...
On 14 September 1949, the Constituent Assembly accepted Hindi, written in the Devnagari Script, as the Official Language of the Union of India based on ...
On 24th May 2023, how many modern diesel locomotives were handed over to Bangladesh by Union Railway Minister Ashwini Vaishnaw?
Who has taken charge as the National President of Indo-American Chamber of Commerce
According to the elephant census in the year 2020, what is the total number of adult elephants in Uttarakhand?
Consider the following statements about Five-hundred Aperture Spherical Telescope (FAST):
1. It is a radio telescope in China
2. Rece...
Who will be the new jersey sponsor of the Indian cricket team, as BYJUs had quit after the end of the last financial cycle?
Which Country Lunched new “Ofek -13 Spy Satellite” into orbit?