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Subject - Economics:

Miscellaneous

MCQ - 263-4273

Question:

.Which among the following is not directly controlled by RBI?

  1. Bank rate
  2. Base rate
  3. Repo rate
  4. Base rate

Correct Answer: B

Explanation:

Sol.Base Rate is the minimum lending rate that banks can charge their customers from July 1, 2010. Prior to this all lending rates were pegged to a Bank’s Prime Lending Rate or PLR. It is not directly controlled by RBI.

Record Performance

269 MCQ for effective preparation of the test of Miscellaneous of Economics section.

Read the MCQ statement: .Which among the following is not directly controlled by RBI? , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 263-4273.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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