Gk Questions and Answers

17. The interest rate at which the Reserve Bank of India lends to commercial banks in the short term to maintain liquidity is known as
  A.  Reverse repo rate
  B.  Repo rate
  C.  Bank rate
  D.  Interest rate
Answer
Ans: B
Repo rate
18. Which bank was earlier called the Imperial Bank of India?
  A.  PNB
  B.  UBI
  C.  RBI
  D.  SBI
Answer
Ans: D
SBI
19. Which one of the following is NOT an apex institution?
  A.  NABARD
  B.  State Bank of India
  C.  State Cooperative Bank
  D.  SIDBI
Answer
Ans: C
State Cooperative Bank
20. The term Smart Money is refers to
  A.  Foreign Policy
  B.  1962
  C.  Travellers Cheque
  D.  Internet banking
Answer
Ans: D
Internet banking
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