1. Marginal Cost of Funds based Lending Rate (MCLR) has replaced the base rate system. 2. Marginal cost of funds is a key component in calculating MCLR. Changes in key rates like repo rate, which alter marginal cost of funds, will impact MCLR. Thus MCLR will help in faster transmission for monetary policy 3. MCLR is a tenure-based benchmark, not a single rate. Banks have to publish at least five MCLR rates across the overnight, one-month, three-month, six-month and one-year tenures. 4. The final lending rate offered by the banks is arrived at by adding the 'spread' to the MCLR rate. 5. All floating rate loans are linked to MCLR. 6. Existing borrowers with loans linked to base rate can continue with them till maturity or switch to the MCLR system. However, once a borrower opts for MCLR, they can't switch back.
Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
Statements: Y ≤ A = F; H > T; H < V < F; Y ≤ W < R
Conclusions:
I. Y < V
II. T < A
III. W > H
Statement: C ≤ D < E; C > F > G
Conclusions: I. F < E II. C > G
...Given statement shows the relation between different elements followed by two conclusions.
Statement: C1 < L1 > I2 = E1 ≥ N2 > T1
...
Statements: W < R = T < Y = S = U ≥ V ≥ H = X
Conclusions:
I. S ≥ X
II. U > T
III. W < Y
Statements: U ≥ V = W; V > X ≥ Y; X ≥ Z < T
Conclusions
I. T > Y
II. Z < U
In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
Statements: L ≥ O = J ≥ I ≤ V; C = T ≤ J
Conclusion: I. C < L II. C = L
Statements: K * D, D $ N, N % M, M © W
Conclusions: I.M % W II.M $ W III.N @ D...
Which of the symbol should replace the question mark in the given expression in order to make the expression “M ≥ Q” as well as “O > K” defini...