Multiple Choice Questions on On which rate bases overnight money is needed by bank from RBI ........ for IBPS (PO/SO) Preparation

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Multiple Choice Questions

On which rate bases overnight money is needed by bank from RBI ........

Professional Legal Knowledge Banking Regulation Act
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    On which rate bases, overnight money is needed by bank from RBI?

     

     MSF

    Correct Answer

    Repo rate

    Incorrect Answer

    Reverse repo

    Incorrect Answer

     Bank rate

    Incorrect Answer
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    Explanation:

    On MSF rate bases, overnight money is needed by bank from RBI.

    By: SHIKHA PURI
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