ECONOMY GENERAL KNOWLEDGE QUESTIONS AND ANSWERS 46 to 50

46.Name the company which has signed a production sharing contract with the government for exploratory rights to two new land blocks in Tripura and Cavery Basin.

ONGC

47.As per 2011-12 budget the CENVAT has been fixed at

10%

48.The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called

SLR (Statutory Liquid Ratio)

49.�Repo rate� is the rate at which

the banks lend to Reserve Bank of India.

50.A crossed cheque is one , which can be encashed only

through a bank

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