Question
According to the Reserve Bank of India (Interest Rate on
Advances) Directions, 2016, banks have the option to consider the outstanding balances of deposits and other borrowings as of which day prior to the date from which the MCLR becomes effective?Solution
Banks shall have the option to reckon the outstanding balances of deposits and other borrowings as on any day, not more than seven calendar days, prior to the date from which the MCLR becomes effective. The chosen time lag shall be maintained consistently for a period of not less one year.
Which of the following is a characteristic of a public blockchain?
Which key is kept secret and known only to the owner in a public key pair?
Which layer of the OSI model deals with electrical, mechanical, and physical aspects of data transmission?
Which famous sorting algorithm uses the divide-and-conquer strategy?
Which logic gate has an output of 1 only when all inputs are 1?
Which protocol is used to retrieve email from a remote server?
Which protocol is used for sending email messages over the internet?
In which part of a function are local variables typically declared?
Which of the following is an example of a concurrency control mechanism used in transactions?
What does the complexity class P refer to?