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Question
Match the correct pairs of items in Column 1 and Column 2.
| Column 1 | Column 2 |
| (1) Cash Reverse Ratio | (a) The rate of interest at which RBI lends to commercial banks |
| (2) Overdraft facility | (b) Money from this can be withdrawn on demand without any restriction on withdrawal. |
| (3) Repo rate | (c) Percentage of total deposits kept in cash by commercial banks |
| (4) Current account | (d) Facility of withdrawing more money than the money deposited in the bank |
Match the Columns
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Solution
| Column 1 | Column 2 |
| (1) Cash Reverse Ratio | (c) Percentage of total deposits kept in cash by commercial banks |
| (2) Overdraft facility | (d) Facility of withdrawing more money than the money deposited in the bank |
| (3) Repo rate | (a) The rate of interest at which RBI lends to commercial banks |
| (4) Current account | (b) Money from this can be withdrawn on demand without any restriction on withdrawal. |
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