Match List I with List II

List I

Interest rates  

List II

Description 

(A)

Policy Rate 

(I)

RBI lending rate to commercial banks without security 

(B)

Repo Rate 

(II)

RBI lending rate when commercial banks borrow money by purchasing securities issued by RBI 

(C)

MCLR 

(III)

Internal benchmark rate for financial institutions and banks  

(D)

Bank Rate 

(IV)

Rate established by RBI to influence the main monetary variables in the economy 

Choose the correct answer from the options given below: 

1
A - I, B - IV, C - III, D - II
2
A - IV, B - I, C - III, D - II
3
A - IV, B - II, C - III, D - I
4
A - II, B - IV, C - I, D - III

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