1) “RBI may increase the key rates once or twice or more times a year “. This is the newspaper news . What is that key rate ? Repo rate
2) A Committee has been formed by RBI to look into the interest rates . Who is the Chairman of the Committee ? (Usha Thorat. One of the four Deputy Governors of RBI)
3) Which of the following committees is associated with banks ? BASEL
4) RBI wants to increase the CAR (Capital Adequacy Ratio) of Banks by 1 %. What is the present CAR as stipulated by RBI for the Indian Banks? (12 %)
5) The interest rates on Savings Bank accounts is calculated on what basis ? (daily product basis w.e.f ) (previously the minimum balance on any day between 10th and the last day of the month was the basis)
6) BPLR rate has now been replaced by...? Base Rate