Question

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Match the following and select the correct option: Column A Column B (i) A rate of interest at which the central bank (RBI) lends money to member commercial banks to meet they long term needs. A. Cash Reserve Ratio (ii) A rate of interest at which RBI lends money to commercial banks to meet their short term needs. B. Statutory liquidity ratio (iii) A minimum percentage of total deposits kept by banks with the Central Bank. C. Repo rate (iv) A minimum percentage of total deposits to be kept by banks inform of liquid assets with themselves. D. Bank rate

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