Question
Match the following: A) Bank
Rate P) Minimum interest rate bank is allowed to charge B) Base Rate Q) Price of a nation's currency in terms of another currency C) Exchange Rate R) Rate at which RBI lends to banks D) Call rate S) the interest rate paid by the banks for lending and borrowing for daily fund requirementSolution
The correct answer is D
Statement: FR ≥ S
Conclusions:
i) L > S
ii) L > R
Select the correct option from the following.
(a) Only conclusion...
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<...