Question : ________________ is the rate at which the central bank lends money to commercial banks to meet their long term needs.
 

Option 1: Bank rate
 

Option 2: Repo rate
 

Option 3: Reverse repo rate
 

Option 4: Legal reserve reservation.
 

Question : The reverse repo rate is the rate at which Central Bank:

Option 1: Lends money to commercial banks short-term

Option 2: Lends money to commercial banks for long-term

Option 3: Accepts deposits from commercial banks

Option 4: None of these

Question : The rate at which the Reserve Bank of India lends to other commercial banks for the short term has been reduced. What is this rate called?

Option 1: Cash Reserve Rate

Option 2: Reverse Repo Rate

Option 3: Bank Rate

Option 4: Repo Rate

Question : The rate at which RBI gives short-term loans to commercial banks is called:

Option 1: repo rate

Option 2: reverse repo rate

Option 3: bank rate

Option 4: cash reserve rate

Question : The interest rate at which a nation's central bank lends money to domestic banks often in the form of very short-term loans - is referred to as:

Option 1: Bank rate

Option 2: Repo rate

Option 3: Reverse repo rate

Option 4: Cash rate