The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?
A. Repo rate
B. Bank rate
C. Reserve repo rate
D. Marginal Standing Facily
Answer:B
The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?
A. Repo rate B. Bank rate C. Reserve repo rate D. Marginal Standing Facily