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    Question

    Which of the following refers to the minimum interest

    rate below which financial institutions can't lend, except in certain cases?
    A MSF Correct Answer Incorrect Answer
    B MCLR Correct Answer Incorrect Answer
    C CRR Correct Answer Incorrect Answer
    D RRR Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    MCLR (Marginal Cost of Funds Based Landing Rate) refers to the minimum interest rate below which financial institutions can't lend, except in certain cases.

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