The rate of interest on which commercial banks borrow money from RBI to meet their short term credit needs is known as:
Math the following.
3 students {A, B, C} tackle a puzzle together and offers a solution upon which majority of the 3agrees. Probability of A solving the puzzle correctly is p. Probability of B solving the puzzle correctlyis also p. Cisa dumb student who randomly supports the solution of either A or B. There is one morestudent D, whose probability of solving the puzzle correctly is once again, p. Out of the 3 memberteam {A, B, C} and one member team {D}, which one is more likely to solve the puzzle correctly.
The interest rate at which the Reserve Bank of India lends to commercial banks in the short term to maintain liquidity is known as:
