Question
As per RBI’s External Benchmark Based Lending
framework, how frequently must the interest rate linked to an external benchmark be reset?Solution
• RBI’s circular on External Benchmark Based Lending (EBLR) mandates that interest rates on floating rate loans linked to external benchmarks must be reset at least once every three months. • This ensures that lending rates move in tandem with market interest rate changes, providing transparency and faster transmission of monetary policy. • Example: If a loan is linked to the RBI repo rate, and repo changes, the loan interest rate must reflect this change within one quarter.
A study of _______ is an important factor to decide on sales promotion policies and duration of such sales schemes.
Blogs are
The distinct set of personality characteristics common among people of a particular country or society is known as
Head-to-head positioning requires a product to:
What are the moral principles and values that govern the actions and decisions of an individual or group called?
One reason for using magazines as an advertising medium is:
When a local coffee shop launches a new mobile version of their traditional website that can be found using a mobile phone, the coffee shop recognizes t...
A small electronics company manufactures a line of low to moderate quality stereo components that are distributed through wholesalers to mass market ret...
The importance of e-commerce in global markets is increasing significantly. One of the major reasons is because, online e-commerce offers:
When demand sees both the extremes of high and low, it is known as _______ demand.
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