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Class 14
GENERAL KNOWLEDGE
'Base Rate' in banks is...

'Base Rate' in banks is

A

The rate of interest payable on demand deposits

B

The rate of interest payable on fixed deposits

C

The rate of interest charged by RBI on long-term borrowings of public sector banks

D

The minimum interest rate fixed by individual banks below which they cannot lend funds, except cases like Govts-sponsored scheme

Text Solution

Verified by Experts

The correct Answer is:
D
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  1. The most powerful tool used by the Reserve Bank of India to control in...

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  2. Which of the following assets can be mortgaged?

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  3. 'Base Rate' in banks is

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  4. A saving bank deposit account is one where

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  5. The most powerful tool used by the Reserve Bank of India to control in...

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  6. Non-performing Assets are the assets which have stopped giving

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  7. What is the Repo Rate?

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  8. 'Nomination' for a deposit account in the bank means

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  9. For using safe deposit locker facilities, bank customers pay

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  10. Which of the following is a Credit Card Association?

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  11. The rate at which the domestic currency can be converted into foreign ...

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  12. Which of the following represents correct meaning of REPORATE?

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  13. Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms...

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  14. The Head of the Reserve Bank of India is officially known as

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  15. The seed capital of Bhartiya Mahila Bank is

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  16. Which of the following is NOT a source of funds of a commercial bank?

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  17. Reserves which can act as a liquidity buffer for commercial banks duri...

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  18. KYC stands for

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  19. NPA is banking terminology denotes

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  20. Which of the following categories of advance accounts is not an NPA?

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