Under which of the following rates, the banks avail long term loans from Reserve Bank of India (RBI) by putting no collateral securities?
A. Bank rate
B. Repo rate
C. Reserve repo rate
D. Marginal Standing Facility
Answer:B
Under which of the following rates, the banks avail long term loans from Reserve Bank of India (RBI) by putting no collateral securities?
A. Bank rate B. Repo rate C. Reserve repo rate D. Marginal Standing Facility
Explanation: BANKING COACHING FOR BETTER RESULTS