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Bank Rate Quiz

‘Not negotiable’ written on a cheque crossing means

The Central Bank is not expected to perform the function of—

Increase in bank rates generally is followed by

The major quantitative monetary tool available with the Central Bank is

Bank must refuse payment of a cheque where

A ‘Stale’ cheque is one that is

When a cheque is returned by the bank marked ‘Refer to Drawer’ this means the drawer

The current Bank Rate is—

It has been made compulsory for Non-Banking Financing Companies to get themselves registered with … before July 8, 1997. RBI

Value of Money—

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