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What does RBI stand for?
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Reserve Bank of India.
What is the full form of NEFT?
National Electronic Funds Transfer.
What is the full form of IFSC?
Indian Financial System Code.
If A:B = 2:3 and B:C = 4:5, what is A:C?
8:15.
What is a repo rate?
The rate at which the RBI lends short-term funds to commercial banks.
What is CRR?
Cash Reserve Ratio — percentage of deposits banks must keep as cash with RBI.
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