ICICI Bank Ltd Question:
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On which rate bases, overnight money is needed by bank from RBI?

a. MSF
b. Repo rate
c. Reverse repo
d. Bank rate

ICICI Bank Ltd Interview Question
ICICI Bank Ltd Interview Question

Answer:

MSF
Explanation:
Marginal Standing Facility (MSF) has been introduced by RBI with the main aim of reducing volatility in the overnight lending rates in the inter-bank market and to enable smooth monetary transmission in the financial system.

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If a cheque is dishonoured it is called ____________ .

a. Settlement of the cheque
b. Withdrawing of the cheque
c. Nullifying of the cheque
d. Return of the cheque unpaid		Punjab National Bank was established in ________.

a. 1881
b. 1894
c. 1913
d. 1917