Mining Engineering > GATE 2020 > Logical Reasoning
Repo rate is the rate at which Reserve Bank of India (RBI) lends commercial banks, and reverse repo rate is the rate at which RBI borrows money from commercial banks.
Which of the following statements can be inferred from the above passage?
A
Decrease in repo rate will increase cost of borrowing and decrease lending by commercial banks.
B
Increase in repo rate will decrease cost of borrowing and increase lending by commercial banks.
C
Increase in repo rate will decrease cost of borrowing and decrease lending by commercial banks.
D
Decrease in repo rate will decrease cost of borrowing and increase lending by commercial banks.

Correct : d

Similar Questions

Statements: 1. All heroes are winners. 2. All winners are lucky people. Inferences: I. All lucky people are heroes. II. Some lucky people are heroes. III. Some...
#13 MCQ
Elvesland is a country that has peculiar beliefs and practices. They express almost all their emotions by gifting flowers. For instance, if anyone gifts a white...
#61 MCQ
Some football players play cricket.All cricket players play hockey. Among the options given below, the statement that logically follows from the two statements...
#187 MCQ

Related Topics

No tags found

Unique Visitor Count

Total Unique Visitors

Loading......

Question Options

Contributed by: