RBI pays interest to banks on their balances kept with it for purposes of Cash Reserve Ratio at:
A. Less than 3%
B. 3.5% on eligible balances
C. At bank rate
D. No interest is paid
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
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Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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