Question : The interest rate at which the Reserve Bank of India provides overnight liquidity to banks is called ________.

Option 1: Reverse repo rate

Option 2: Marginal standing facility rate

Option 3: Repo rate

Option 4: Leverage rate

Question : The Liquidity Preference Theory of Interest was propounded by : 

Option 1: J. M. Keynes

Option 2: David Ricardo 

Option 3: Alfred Marshall 

Option 4: Adam Smith 

Question : A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is:

Option 1: $2\frac{1}{2}$%

Option 2: $4$%

Option 3: $5$%

Option 4: $6\frac{2}{3}$%

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 : What is the bank rate?

Option 1: The rate at which the Central bank of a country advances loans to other banks in the country.

Option 2: The rate at which banks advance loans to customers.

Option 3: The rate at which banks lend among themselves.

Option 4: The rate at which banks lend to money lenders.