Match List - I with List - II. List - I (Banking) List - II (Function) (A) Commercial Bank (I) Long term lending rate by RBI (B) Reserve Bank of India (II) Short term lending rate by RBI (C) Bank Rate (III) Credit creation (D) Repo Rate (IV) Lender of last resort Choose the correct answer from the options given below :

Question

Option 1: (A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Option 2: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Option 3: (A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Option 4: (A) - (IV), (B) - (III), (C) - (II), (D) - (I)

AfterBoards · Accepted Answer

The answer is '(A) - (III), (B) - (IV), (C) - (I), (D) - (II)'. View full solution:

List-I	List-II
(A) Bank Rate	(I) Securities are pledged in order to repurchase.
(B) Open Market Operations	(II) Minimum rate at which funds are provided for long term.
(C) Repo Rate	(III) Buying and selling of bonds issued by the government in open market.
(D) Reverse Repo Rate	(IV) Central bank borrows funds from commercial banks.

CUET Economics PYQs

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