The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank. The MCLR methodology for fixing interest rates for advances was introduced by the RBI with effect from April 1, 2016.
Who chaired the committee formed by the International Financial Services Centre Authority (IFSCA) to onshore Indian innovation to GIFT International Fi...
Which of the following beaches is famous for the celebration of the International Sand Art Festival?
Identify whether the following statements are correct or incorrect.
Statement 1: According to the Census of India-2011, among the Seven Sister St...
A bus moving on a straight road at a speed of 10 km/h increases its speed to 70 km/h in 2 minutes. Find its average acceleration.
How much initial allocation will be made for the Prime Minister's Development Initiative for North-East (PM-DevINE) scheme?Â
Match the following –
Personal checks, cashier's checks, money orders, certificates of deposit (CDs), promissory notes, and traveler's checks are called NID. What does ‘Iâ€...
Which of the following statement(s) is/are correct about Prarthana Samaj?
A. Prarthana Samaj or ‘Prayer Society’ in Sanskrit, was a movement ...
Who was the second vice-President of India?
Which is the largest chemical fertilizer producer in India?
