Question
The rate of interest which the RBI charges on the loans
and advances to a commercial bank borrowed for a long term is known as ________.Solution
Repo Rate is the rate at which the country’s central bank, which is RBI in India, lends money to commercial banks during financial crisis. The rate of interest charged by the central bank on the loans they have extended to commercial banks and other financial institutions is called “Bank Rate”. In this case, there is no repurchasing agreement signed, no securities sold or collateral involved. Banks borrow funds from the central bank and lends the money to their customers at a higher interest rate, thus, making profits. Bank Rate is usually higher than Repo Rate as it is an important tool to control liquidity.
Identify the wrong number in the series given below.
22 120 338 724 1324 2192
Work hard / lest you / may not fail.
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13, H7, F15, C...
In the word OXYGEN, each vowel is replaced by the letter following it in the English alphabetical order and each consonant is replaced by the letter pre...
Select the number from the given alternatives that can replace the question mark (?) in the following series.
38, 36, 32, 30, 26, ?
If Z = 52 and ACT = 48, then BAT will be equal to
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Shreya's younger brother Sahil is elder to Surbhi. Suman is younger than Swati but older than Shreya. who is the tallest?