Delhi Police Constable Exam Model Paper 5

The term Zero hour is NOT used in the banking field.

Zero Hour is a term used in Parliament.

• Zero Hour is the time when Members of Parliament can raise Issues regarding the urgent public importance.
• With prior notice to the Speaker , members can raise issues of importance during this time.
• It is not mentioned in the rules of procedure.
• Starts immediately after the question hours.
• It starts at around 12 noon.
• The maximum time limit of Zero Hour is one hour.

Repo rate is the rate at which banks borrow money from the Reserve Bank of India.

Collateralis a pledge by a borrower to a lender for a specific property to secure repayment of a loan.

An interest rate swap involves the exchange of interest rates between two parties.