Banking General Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer
    With effect from July 1, 2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the                                                                                 [IBPS PO 2013]

    A)  MSF Rate System                  

    B)  Reverse Repo Rate System

    C)  Bank Rate System

    D)  Repo Rate System

    E)  Base Rate System

    Correct Answer: A


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