Question
What is the term for the interest rate that a central
bank charges on loans to commercial banks?Solution
The Bank Rate is the rate at which the central bank of a country lends money to commercial banks, often used as a tool to control liquidity and inflation. It is distinct from the repo rate, which is the rate at which banks borrow from the central bank by selling securities.
Which type of necrosis is characteristically associated with tuberculosis?
Ranthambore Tiger Reserve is located in which state?
- "Jadoh" is a traditional dish from Meghalaya. What is the primary ingredient used in preparing this dish?
The MPC quorum requires how many members to be present?
- In which year was Good Governance Day first observed in India?
Which country will host the 2030 Winter Olympics as announced by the International Olympic Committee (IOC)?
- Which Padma award was bestowed upon Pandit Birju Maharaj in 1986?
Who has been appointed as the Senior AI Policy Advisor to the White House?
Which private sector bank has launched its mobile health services for a broad category of support staff, including essential and domestic service person...
What is the name of India's first Large Language Model (LLM) developed specifically for the banking, financial services, and insurance (BFSI) sector?
