Question
Which statement regarding the repo rate is
INCORRECT?Solution
The repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks against securities as collateral, not the rate at which banks place funds with the RBI. The reverse repo rate, conversely, is the rate at which the RBI borrows money from commercial banks. As of December 2024, the repo rate stands at 6.50%, while the reverse repo rate is 3.35%. The repo rate serves as a key monetary policy tool for controlling inflation and managing liquidity in the economy.
Which two numbers should be interchanged to make the given equation correct?
92 + 36 – 28 + (42 ÷ 3) – (22 × 4) = 10
(Note: Intercha...
JT79 is related to DN71 in a certain way. In the same way, KU22 is related to EO14. To which of the following is LV71 related, following the same logic?
In a certain code language, ‘CONFUSED’ is coded as ‘7’ and ‘CHAIN’ is coded as ‘4’. How will ‘ADULTHOOD’ be coded in that language?<...
Select the option figure in which the given figure is embedded (rotation is NOT allowed).
Select the alphanumeric group from the given options which can replace the question mark (?) in the following series.Â
ZX1121, VT1242, RP1363, ?
Select the next number in the series.
61, 63, 66, 71, 78,?
A statement is followed by two conclusions, numbered I and II. Find out which of the following conclusion(s) is/are true based on the given statements.<...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.
DF, GJ, KM, NQ, RT, ?
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