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 ________.
Repo Rateis 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.
How many different ASCII characters can be represented with 4 bits?
A Proxy server is used for which of the following?
___________ is the oldest type of Central Processing Unit (CPU).
In which generation vacuum tubes were used?
It refers to how fast the disk or memory can locate and begin retrieving a specific piece of information or transfer data to the CPU.
Pen drive has which type of memory?
A collection of related programs is known as:
Which component on a motherboard is responsible for managing the flow of data between the CPU, RAM, and other hardware components?
Total number of function keys in computer keyboard?
Which among the following is a part of system software?