MCQOPTIONS
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MCQOPTIONS
| 1. |
What is Cash Reserve Ratio? [IBPS Main 2016] |
| A. | Deposits of banks in government securities |
| B. | Rate at which banks borrow funds from the RBI |
| C. | Deposits (as cash) which banks have to keep/maintain with the RBI |
| D. | Rate at which RBI borrows money from the banks |
| E. | Rate at which RBI borrows money from the government |
| Answer» D. Rate at which RBI borrows money from the banks | |