General Knowledge

Economy

Easy

The rate at which banks part short-term excess liquidity with RBI, is called.

Repo Rate

Reverse Repo Rate

Bank Rate

Cash Reserve Ratio

✅ Correct Option: 2

Reverse Repo Rate is the rate at which the RBI borrows short-term excess liquidity from commercial banks. Repo rate is the opposite (banks borrow from RBI).

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RTGS stands for

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In which state project "Banksakhi" is lunched by bank of Maharashtra (BOM)

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Arrange the following economic developments in India in chronological order of the year in which they took place, starting with the earliest to the most recent.

(A) Setting up of the Planning Commission of India

(B) Establishment of Tata Airlines

(D) Adoption of the Industrial Policy Resolution

Choose the correct answer from the options given below:

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Which state became the first state in the country to attain 100% household electrification?

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Among the options given below three have similarities. Find the word that does not match with others.

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Which banks merged in to 'Bank of Baroda' recently ?

The rate at which banks part short-term excess liquidity with RBI, is called.

Solution

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