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251. The rate below which banks cannot generally lend is called as __.
A. Base rate
B. Reverse repo rate
C. Repo rate
D. Call money rate
Explanation:
252. The Central Government of India is empowered to borrow any amount it likes from the Reserve Bank of India through which of the following instruments?
A. Commercial Papers
B. Treasury Bills
C. Certificates of Deposit
D. Repos
Explanation:
253. With an objective of protecting the oil wells and ports in the Gulf region from missile attacks, the United States has decided to build a regional missile defence shield with the members of the Gulf Alliance. Who among the following are the 6 members of the Gulf Alliance?
A. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE
B. Kuwait, Oman, Iran, Saudi Arabia, UAE, Nigeria
C. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Iraq
D. Oman, Qatar, Saudi Arabia, Iraq, Venezuela, UAE
Explanation:
254. Which of the following are the expanded forms of ATM?
A. Automated Teller Machine
B. Automatic Transaction Machine
C. Automatically Transacted Money
D. Automatic Teller Mechanism
Explanation:
255. ITC, an Indian Company has bagged the World Business and Development Award 2012 at the Rio+20 United Nations summit in Rio-de-Janeiro. It has won the above said award for which among the following?
A. For its effort in making India slums free country
B. For its immense effort in women empowerment programme
C. For its rural initiatives in social and farm forestry programmes in India
D. For providing access to information technology services to rural youth
Explanation:
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