Question
The 'MCLR' (Marginal Cost of Funds based Lending Rate)
system replaced the earlier 'Base Rate' system. What is a key component in calculating MCLR?Solution
MCLR is calculated based on: 1) Marginal Cost of Funds (including repo rate and deposit costs), 2) Negative Carry on CRR, 3) Operating Costs, and 4) Tenure Premium. Hence, all options are correct components.
According to the Master Circular on KYC norms issued in January 2024, what is the minimum denomination for the issuance of Non-Convertible Debentures (N...
The Reserve Bank of India (RBI) signed an agreement with Indonesia’s central bank to promote cross-border local currency transactions. This agreement ...
Which of the following statements regarding the concept of elasticity of demand is correct:
A.In the case of unitary elastic demand, total revenu...
A capital budgeting technique which does not require the computation of cost of capital for decision making purposes is:
What growth rate did the IMF project for India for 2024-25?
POP launched India's first multi-brand co-branded credit card in collaboration with which two entities?
As per Companies Act, 2013, in case of public companies, what should be the time gap between two consecutive meetings of the Board?
What does the acronym SIFTI stand for in the context of infrastructure project financing?
Which of the following has the right to sell an asset at a predetermined price ?
If the fixed cost is Rs.43,500 and the company, the contribution is Rs.500 per unit, how many unit sales would a company need to do to earn a profit of ...
