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  • Question
  • The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?


  • Options
  • A. Bank rate
  • B. Repo rate
  • C. Reserve repo rate
  • D. Marginal Standing Facily

  • Correct Answer
  • Bank rate 

    Explanation

    The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.


  • More questions

    • 1. The term samanta, meaning a feudatory from the sixth century AD, originally meant a


    • Options
    • A. slave
    • B. cultivator
    • C. neighbor
    • D. foreigner
    • Discuss
    • 2. The HBJ Upgradation project, upgraded the capacity of HBJ pipeline from 18.2 MM SC MD to


    • Options
    • A. 20 MM SC MD
    • B. 33.4 MM SC MD
    • C. 22.3 MM SC MD
    • D. 29.6 MM SC MD
    • Discuss
    • 3. Former Australian captain Allan Border was sometimes known as "Captain Grumpy". What was his other nickname?

    • Options
    • A. Abe
    • B. Captain Junior
    • C. AB
    • D. Groucho
    • Discuss
    • 4. The largest gold producing country in the world(in 2006) is


    • Options
    • A. China
    • B. Canada
    • C. South Africa
    • D. USA
    • Discuss
    • 5. The first recipient of Nehru Award was

    • Options
    • A. Martin Luther King
    • B. Khan Abdul Ghaffar Khan
    • C. Mother Teresa
    • D. U Thant
    • Discuss
    • 6. David Copperfield is the name of

    • Options
    • A. novel
    • B. famous actor
    • C. poem
    • D. writer
    • Discuss
    • 7. The sulphites are a mineral group that contain one or more metallic elements in combination with the sulphate compound ____

    • Options
    • A. SO3
    • B. SO2
    • C. SO4
    • D. SO
    • Discuss
    • 8. The short term variations of the atmosphere, ranging from minutes to months are called

    • Options
    • A. climate
    • B. weather
    • C. temperature
    • D. humidity
    • Discuss
    • 9. Which is the best search tool for finding Web sites that have been handpicked and recommended by someone else?

    • Options
    • A. Subject directories
    • B. Search engines
    • C. Meta-search engines
    • D. Discussion groups
    • Discuss
    • 10. The Yarlung Zangbo river, in India, is known as

    • Options
    • A. Ganga
    • B. Indus
    • C. Brahmaputra
    • D. Mahanadi
    • Discuss


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