Question

Match the following:

A) Bank RateP) Minimum interest rate bank is allowed to charge

B) Base Rate Q) Price of a nation's currency in terms of another currency

C) Exchange Rate R) Rate at which RBI lends to banks

D) Call rate S) the interest rate paid by the banks for lending and borrowing for daily fund requirement

A A-P, B-R, C-S, D-Q Correct Answer Incorrect Answer
B A-P, B-S, C- R, D-Q Correct Answer Incorrect Answer
C A-R, B-P, C-S, D-Q Correct Answer Incorrect Answer
D A-R, B-P, C-Q, D-S Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is D

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