NextQ5

The rate at which commercial banks borrow from the Reserve Bank of India to meet their long term requirements is known as ____________. (Choose the correct alternative to fill up the blank)

Commercial BanksStudy Simplify SpecialPYQ1MCQ
Question 4

Read the following statements carefully : Statement 1 : Primary deposits are the cash deposits by general public with commercial banks. Statement 2 : Secondary deposits are those deposits which arise on account of credit provided by the commercial banks to the people. In light of the given statements, choose the correct alternative from the following :

4/92