Question : The minimum rate below which banks are not allowed to lead money except in cases specified by the Reserve Bank of India is called ______.
Option 1: repo rate
Option 2: reverse repo rate
Option 3: cash rate
Option 4: base rate
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Correct Answer: base rate
Solution : The correct answer is the base rate .
The base rate is the lowest interest rate that a bank can offer loans at, except in certain circumstances where the RBI permits it. It is the lowest interest rate at which a bank can make a loan without making a profit.
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Question : _____________is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks of the country.
Question : Money multiplier uses which of the following monetary instruments for its calculation?
Question : What is the meaning of reverse repo rate?
Question : The money supply is governed by the:
Question : The bank rate in the Indian economy is determined by the ________.
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