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The Upcoming 19 C.W.E Common Written Examination bank exam of 19 bank in India, contain an important section of Banking General Awareness. so here we go with common Most asked terms that we not read care fully, please read carefully as this section helps you to take 50 out of 50 marks just in 10 minutes as fast as you practice.
This Exam contain some Banking questions and some General Knowledge Questions related to current affairs.
This Exam contain some Banking questions and some General Knowledge Questions related to current affairs.
You can also click the link to visit the Proper 100% Correct information.
Answer:
Q.2 What is a Repo Rate (RR)?
Answer:
- In a very simple way RR is,when bank borrow rupees from RBI.
- मतलब जब बैंक उधार लेते हैं RBI से उसको रेपो रेट कहते हैं !!
- So a reduction in the repo rate will help banks to get money at a cheaper rate.
- And as the repo rate increases, borrowing from RBI becomes more expensive.
- .................Hope you understand..........
Remember only till Date Nov-Dec 2011:-
- Till On Date Nov 2011, Repo Rate (RR) is: 8.50%
- Till On Date Nov 2011, Reverse Repo Rate (RRR) is: 7.50%, 1 minus from RR
- Till On Date Nov 2011, Bank Rate is: 6%
- And Marginal Standing Facility Rate : 9.50%
Also:
- CRR : 6.0%
- SLR : 24.0%
- Deposit Rate : 8.50%-9.25%
- Savings Bank Rate : 4.0%
- Deposit Rate : 8.50%-9.25
- Base Rate : 10.00%-10.75%
Q.3 Name of RBI Governor:
Answer:
RBI Related some facts:
Establishment of RBI
- Established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
- The Central Office of the Reserve Bank initially in Calcutta but after permanently moved to Mumbai in 1937.
- Firstly originally privately owned.
- Fully Nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.
RBI Moto :
"...to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage."
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Current Affairs questions with answers"
Shooter Gagan Narang got Rajiv Gandhi Khel Ratna award in Rashtrapati Bhawan New Delhi.he is a shooter .
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