Which is the minimum lending rate decided by RBI which shall be adopted by all Public Sector Banks?
a. Bank rate
b. Base rate
c. Overnight rate
d. None of the above
ANSWER: Base rate
Explanation:
It is also known as prior probabilities.
a. Bank rate
b. Base rate
c. Overnight rate
d. None of the above
ANSWER: Base rate
Explanation:
It is also known as prior probabilities.
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