Banking Banking Awareness Banking System Question Bank Previous Years Questions - Challenges in Banking System

  • 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 2013]  

    A)  MSF Rate System                     

    B)  Reverse Repo Rate System               

    C)  Bank Rate System                      

    D)  Repo Rate System                       

    E)  Base Rate System                       

    Correct Answer: E


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