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GENERAL KNOWLEDGE
What is the Repo Rate?...

What is the Repo Rate?

A

It is the rate at which RBI sells governement securities to banks.

B

It is the rate at which RBI allows small loans in the market.

C

It is the rate at which banks borrow money from the Reserve Bank of India.

D

It is the rate which is offered by banks to their most valued customers or prime customers.

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Verified by Experts

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

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

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  3. What is the Repo Rate?

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

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

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

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

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

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

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

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  11. The seed capital of Bhartiya Mahila Bank is

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

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

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  14. KYC stands for

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  15. NPA is banking terminology denotes

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

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

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  18. In the Balance of Payment (BOP), the transfer of payment is included i...

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  19. NABARD (National Bank for Argiculture and Rural Development) establish...

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  20. Many a times, we read in newspaper that the RBI has revised certain ra...

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