22) The only merger of two public sector banks took place between -

Bank of India and New Bank of India

Punjab National Bank and New Bank of India

Allahabad Bank and United Bank of India

Punjab National Bank and Bank of Rajasthan

Answer is:

Punjab National Bank and New Bank of India

Bank of Maharashtra

Bank of Baroda

State Bank of Saurashtra

Union Bank of India

Answer is:

Punjab National Bank

Bank of India

Andhra Bank

Canara Bank

Answer is:

Bank rate

Repo rate

Bank rate and Repo rate

Bank rate, Repo rate, Savings bank rate

Answer is:

Rate of interest which is competitively changed in relation to other banks

Floating rate of interest charged by banks

Low rate of interest in the initial period which goes up subsequently

Higher rate of interest in the initial period which goes down subsequently

Answer is: