Which one of the following is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds?

Related MCQs

• On which rate bases, overnight money is needed by bank from RBI?
• How many Payment banks were approved by RBI in 2015?
• Which bank have given the instructions to the commercial banks regarding the immediate credit of outstation cheques?
• Which of the following is/are false about Dishonour of Cheque? A) Section 138 defines Dishonour of cheque for insufficiency, etc., of funds in the account. B) Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier C) Imprisonment for such offence may be extended for period of five year D) Section 138 apply unless – the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice.
• The rate at which RBI discounts approved bill of exchange is
• Which of the following is/are true about bill of exchange? A) A bill of exchange requires in its inception two parties. B) A bill of exchange or “draft” is a written order by the drawer to the drawee to pay money to the payee. C) Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date. D) Definition of ‘Bill of Exchange’ is mentioned in Section 6 of the Negotiable Instrument Act.
• Which one of the following pools money from various investors in order to purchase securities?
• What is the stamp duty to be paid in respect of any document executed by any banker financial institution for issuing a debenture or bond?
• When a financial institution sells a mortgage with recourse, the financial institution retains a credit risk liability in the event the buyer returns the mortgage.
• Holder is an individual who has lawfully received possession of a Commercial Paper, such as a cheque and who is entitled for payment on such instrument.