Pie Chart and Tabular Chart Data Interpretation For IBPS Clerk/Canara Set – 97

B. absorb liquidity

Repo operations therefore inject liquidity into the system. Reverse repo operation is when RBI borrows money from banks by lending securities. The interest rate paid by RBI is in this case is called the reverse repo rate. Reverse repo operation therefore absorbs the liquidity in the system.

B. ICESat-2 

NASA launched its Ice, Cloud and Land Elevation Satellite-2, known as ICESat-2, which will use an extremely precise laser to collect measurement data to track the Earth’s shrinking polar ice from Vandenberg Air Force Base in California.

B. Prime Lending Rate 

The interest rate charged by banks to their largest, most secure, and most creditworthy customers on short-term loans. This rate is used as a guide for computing interest rates for other borrowers.

D. Portable 

Indigenously developed Man Portable Anti-Tank Guided Missile (MPATGM), was successfully flight tested for the second time from the Ahmednagar range today. All the mission objectives have been met. The two missions on 15 and 16 September 2018 have been successfully flight tested for different ranges including the maximum range capability.

D. NovaSAR and S1-4 

Indian Space Research Organisation (ISRO) successfully launched PSLV C 42 with two British earth observation satellites NovaSAR and S1-4 in precision from the Sathish Dhawan Space Centre Sriharikota, Andhra Pradesh.

A. reduces the bank rate

When Bank Rate is increased by RBI, the borrowing costs of the banks increase which, in return, reduce the supply of money in the market. Additionally, when the unemployment rate within a country increases, the central bank decreases the bank rate so that individuals can get loan at a reduced rate.

D. Moutaz Mousa Abdallah 

A. approved assets 

Reserve Bank notes have a cent per cent cover in approved assets. There is no ceiling on the amount of notes that can be issued by the Bank at any time. According to Section 33 of the RBI Act, the assets of the Issue Department against which currency notes are issued have to consist of gold coin and bullion, foreign securities, rupee coin.

D. Naspers Ltd 

PayU India has received Reserve Bank of India’s (RBI) approval to operate its own non-banking financial company (NBFC). The move will help PayU promote inclusive growth in the country by catering to the diverse financial needs of various segments of the society. The approval from the central bank is subject to “certain pending RBI compliance”.
• PayU India is a digital payments firm owned by South Africa’s Naspers Ltd.
• PayU India managing director is Jitendra Gupta.

C. promissory note

Section 31 (2) of the Reserve Bank of India Act, 1934- Notwithstanding anything contained in the Negotiable Instrument Act, 1881 (26 of 1881), no person in India other than the Bank or, as expressly authorised by this Act, the Central Government shall make or issue any promissory note expressed to be payable to the bearer of the instrument.