Question : Custom duty is an instrument of

Option 1: Monetary policy

Option 2: Foreign trade policy

Option 3: Industrial policy

Option 4: Fiscal policy

Question : _____________is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks of the country.

Option 1: Reserve Repo Rate

Option 2: Base Rate

Option 3: Marginal Rate

Option 4: Repo Rate

Question : The minimum rate below which banks are not allowed to lead money except in cases specified by the Reserve Bank of India is called ______.

Option 1: repo rate

Option 2: reverse repo rate

Option 3: cash rate

Option 4: base rate

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 : Which among the following is a public sector bank?

Option 1: Axis Bank

Option 2: ICICI Bank

Option 3: Bank of Baroda

Option 4: Yes Bank