Match the items of List – 1 with List – 2. List – 1List – 2 a. NPA i. The percentage of deposits to be…
NPA corresponds to loans and advances remaining unpaid beyond the stated 90-day period; SLR concerns prescribed liquid assets against net demand and time liabilities. Repo…
Choose your answer
Match the items of List – 1 with List – 2.
| List – 1 | List – 2 |
|---|---|
| a. NPA | i. The percentage of deposits to be kept with RBI in the form of cash |
| b. SLR | ii. The rate at which RBI lends money to Commercial Banks |
| c. Repo Rate | iii. Loans and advances not paid for more than 90 days |
| d. CRR | iv. The percentage of net demand and time liabilities to be kept in the form of liquid assets |
Answer and explanation
Correct answer D
NPA corresponds to loans and advances remaining unpaid beyond the stated 90-day period; SLR concerns prescribed liquid assets against net demand and time liabilities. Repo rate is the RBI's lending rate in a repo transaction, while CRR is the required cash reserve with the RBI. The matching is a-iii, b-iv, c-ii, d-i.
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Jammu & Kashmir and Ladakh SET (JKSET/LASET)