Banking awareness questions
Click on any option to know the CORRECT ANSWERS
Bank Rate is.....
Rate at which commercial banks borrow long term funds from central Bank.
Rate at which commercial banks borrow short term funds from central bank.
Rate at which a nation's central bank lends money to domestic banks
Both A and C
When a loan is granted by a bank for purchase of white goods it is called
White goods loan
Consumer durable loan
All of these
Parallel Economy is also referred as.....
Both 1and 2
The Asian Development Bank (ADB) and the Government of lndia signed a \$ 346 million loan to finance improvement of over 400 kilometers of state highways that will enhance connectivity and access to economic centers across 12 districts in-
Loans against the security of shares, debentures and bonds should not exceed the limit of Rupees..... per individual if the securities are held in physical form.
There are 5 questions to complete.