Quiz on Latest RBI Policy Rates for Exams

Friends..Here is an Interesting Quiz to study latest Repo, Reverse Repo, Bank Rate, CRR, SLR, MSF Rates etc easily and know what they stand for. RBI changes these rates based on their Monetary Policy reviews. These rates have been last revised in its policy review on 29 September 2015. We will update this whenever there is a change. Study with fun :) 

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1) What is Repo Rate?

(A) Deposits of banks in government securities

(B) Rate at which banks borrow funds from the RBI

(C) Rate at which RBI borrows money from the banks

(D) Deposits (as cash) which banks have to keep/maintain with the RBI

2) Which is the current Repo Rate? (As on 25.10.15)

(A) 6.75 %

(B) 4.00 %

(C) 7.75 %

(D) 21.50 %

3) What is Reverse Repo Rate?

(A) Deposits of banks in government securities

(B) Rate at which banks borrow funds from the RBI

(C) Rate at which RBI borrows money from the banks

(D) Deposits (as cash) which banks have to keep/maintain with the RBI

4) Which is the current Reverse Repo Rate? (As on 25.10.15)

(A) 6.75 %

(B) 4.00 %

(C) 7.75 %

(D) 5.75 %

5) Which is the current Bank Rate? (As on 25.10.15)

(A) 6.75 %

(B) 4.00 %

(C) 7.75 %

(D) 21.50 %

6) What is Cash Reserve Ratio?

(A) Deposits of banks in government securities

(B) Rate at which banks borrow funds from the RBI

(C) Rate at which RBI borrows money from the banks

(D) Deposits (as cash) which banks have to keep/maintain with the RBI

Also check Latest Repo, Reverse Repo, Bank Rate, CRR, SLR, MSF Rates for Exams

7) Which is the current Cash Reserve Ratio? (As on 25.10.15)

(A) 6.75 %

(B) 4.00 %

(C) 7.75 %

(D) 21.50 %

8) What is Statutory Liquidity Ratio (SLR)?

(A) Deposits of banks in government securities

(B) Rate at which banks borrow funds from the RBI

(C) Rate at which RBI borrows money from the banks

(D) Deposits (as cash) which banks have to keep/maintain with the RBI

9) Which is the current Statutory Liquidity Ratio (SLR)? (As on 25.10.15)

(A) 6.75 %

(B) 4.00 %

(C) 7.75 %

(D) 21.50 %

10) Which is the current Marginal Standing Facility (MSF)? (As on 25.10.15)

(A) 6.75 %

(B) 4.00 %

(C) 7.75 %

(D) 21.50 %

Answers

1) Ans. (B) Rate at which banks borrow funds from the RBI

2) Ans. (A) 6.75 %

3) Ans. (C) Rate at which RBI borrows money from the banks

4) Ans. (D) 5.75 %

5) Ans. (C) 7.75 %

6) Ans. (D) Deposits (as cash) which banks have to keep/maintain with the RBI

7) Ans. (B) 4.00 %

8) Ans. (A) Deposits of banks in government securities

9) Ans. (D) 21.50 %

10) Ans. (C) 7.75 %
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