Statement I is correct- The Repo rate is the interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF), Statement II is correct - Bank rate is the rate at which the RBI is ready to buy or rediscount bills of exchange or other commercial papers. The Bank Rate is published under Section 49 of the RBI Act, 1934. Statement III is correct - Cahs reserve ratio is the average daily balance that a bank is required to maintain with the Reserve Bank as a share of such per cent of its Net demand and time liabilities (NDTL) that the Reserve Bank may notify from time to time in the Gazette of India.
(A) This arrangement was expected to / (B) assure a sufficient change in air to keep / (C) such railways properly ventilated, but experience / (D) has p...
In the days before the advent of television, the radio brought the family together to listen news, music and drama.
He had a “fruitful discussion” in the “senior-most leader of the country.
Rama is the girl in my class who write beautiful poem.
Given below is a sentence with or without an error. The error, if any, is in one part of the sentence. Choose the correct part which contains the error...
Emerging market economies continues(A)/ to be in the spotlight for(B)/ the wrong reasons as(C)/ their currencies resume their(D)/ prolonged slide with t...
The 1979 revolution that brought down (1)/the Shah’s monarchy and turned the country into (2)/a theocratic republic radically altered (3)/not just Ira...
Given below are sentences with an error in each. The error is in one part of the sentence. Below each sentence are given the options containing the pa...
For one thing, they require (A)/you to think on your feet and (B)/call on all your resources to (C)/get passed them, reaffirming your commitment (D).
Indian stocks surged more than/ 2 % on Monday, the bigger gain in three months/ as investors cheered/ the government’s fiscal package.
