12 GRADE ECONOMICS MT 3 REVISION(CHAP 6&7

Bank Rate means.

• Re-discounting the first class securities

• Interest rate

• Exchange rate

• Growth rate

EXIM bank was established in.

• June 1982

• April 1982

• May 1982

• March 1982

Who will act as the banker to the Government of India?

• SBI

• NABARD

• ICICI

• RBI

Bank credit refers to

• Bank Loans

• Advances

• Bank loans and advances

• Borrowings

Moral suasion refers.

• Optimization

• Maximization

• Persuasion

• Minimization

Credit creation means.

• Multiplication of loans and advances

• Revenue

• Expenditure

• Debt

Central bank is --------------- authority of any country.

• Monetary

• Fiscal

• Wage

• National Income

Repo Rate means.

• Rate at which the Commercial Banks are willing to lend to RBI

• Rate at which the RBI is willing to lend to commercial banks

• Exchange rate of the foreign bank

• Growth rate of the economy

Bank Rate means.

• Re-discounting the first class securities

• Interest rate

• Exchange rate

• Growth rate

A Bank is a

• Financial institution

• Corporate

• An Industry

• Service institutions