Question
RBI asked banks to switch to MCLR from the Base Rate
regime, because MCLR is helpful in? i. Quicker transmission of monetary policy ii. Bringing transparency in the loan pricing of the banks iii. Availability of bank credit at competitive interest rate iv Meeting priority sector lending targets of the bankSolution
MCRL is not related to priority sector lending.
More Finance Questions
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(36/8)2 × (912/38) ÷ (122/1586) = ?
...What value should come in the place of (?) in the following questions.
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(3/7) of 700 + 33(1/3)% of 339 - 69 =?