CUET Preparation Today
Match List - I with List - II.
Choose the correct answer from the options given below: |
(A) - (IV), (B) - (III), (C) - (I), (D) - (II) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) (A) - (III), (B) - (IV), (C) - (II), (D) - (I) (A) - (IV), (B) - (III), (C) - (II), (D) - (I) |
(A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
Commercial bank helps in the credit creating of money, whereas, RBI i.e. Reserve Bank of India acts as custodian of cash reserve, provides centralized clearing, and is the lender of last resort. Bank rate is the lending rate at which commercial banks can borrow from the RBI without providing any security. Whereas, the repo rate is the rate of interest charged by the central bank to commercial banks for a short period. |
