Question : What is the meaning of reverse repo rate?

Option 1: The rate at which RBI borrows money from foreign banks.

Option 2: The rate at which RBI borrows money from commercial banks.

Option 3: The rate at which commercial banks borrow money from RBI.

Option 4: The rate at which commercial banks borrow money from foreign banks.

Question : The discount rate is the interest rate at which:

Option 1: Commercial banks borrow from the central bank
  

Option 2: Commercial banks lend to the central bank
    

Option 3: The government borrows from the central bank

Option 4: The central bank lends to the government

Question : The discount rate is the interest rate at which:

Option 1: Commercial banks borrow from the central bank
   

Option 2: Commercial banks lend to the central bank
  

Option 3: The government borrows from the central bank

Option 4: The central bank lends to the government

Question : The repo rate is the rate at which:

Option 1: Banks borrow from the RBI

Option 2: The RBI borrows from the banks

Option 3: Banks borrow from each other

Option 4: None of the above

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.