Bissoy.com
Doctors Medicines MCQs Q&A

The base Rate System has replaced the erstwhile benchmark Prime Lending Rate System with effect from

The base Rate System has replaced the erstwhile benchmark Prime Lending Rate System with effect from Correct Answer 1st July, 2010

The Base Rate system has replaced the erstwhile Benchmark Prime Lending Rate system with effect from July 1, 2010. Base Rate shall include all those elements of the lending rates that are common across all categories of borrowers.

Related Questions

The global financial crisis in 2008 is considered to be the most serious worldwide financial crisis, which started with the sub-prime lending crisis in USA in 2007. The sub-prime lending crisis led to the banking crisis in 2008 with the collapse of Lehman Brothers in 2008. The sub-prime lending refers to the provision of loans to those borrowers who may have difficulties in repaying loans, and it arises because of excess liquidity following the East Asian crisis. Which one of the following sequences shows the correct precedence as per the given passage?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: With just two days to go for the second edition of Amazon Prime Day, the e-commerce giant has been keeping its loyalists busy with a seven-day entertainment marathon. Started on July 10 with the release of Amitabh Bachchan starrer '102 Not Out', Amazon has been dropping one title every day for its Prime members. With Video and Music, Amazon clearly wants to showcase that Prime day is not merely about products. Courses of action: I. Building on the success of its previous sales, Amazon is gearing up for a bigger event, with extra perks for its Prime members in the form of quality video and music content - and not just early access and quicker deliveries. II. Started on July 3, Prime members who play three songs from the millions on Amazon Prime Music stand a chance to win an Echo Dot every day, with two winners announced daily. III. With Raazi and Transformers: The Last Night slated for release in the next two days, members already have access to Dunkirk, Telugu hit Officer as well as Prime Original show, Comicstaan - a reality TV show to find India's next stand-up comedy star.
In December 2021, SBI has increased the benchmark lending rate or base rate by how much per cent?
Which bank has hiked its external benchmark linked lending rate by 0.40 percent to 6.90 percent with effect from 1 June 2022?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The rupee may slump to a new low this year amid global policy uncertainties while domestic interest rates will remain elevated, raising borrowing costs, according to an ET poll of 20 market participants. Nearly three-fourths of the respondents believe the local unit could touch 69 to the dollar with some even pointing to 70 by December-end. The rupee is one of the worst-performing emerging market currencies this year, having lost about 6.7 per cent to the greenback to close at 68.13 on Monday. Courses of action: I. Indian corporates may borrow less ahead of elections with the likely benchmark rate at 8 per cent or more. Half the poll participants were of the opinion that the benchmark yield will either hover around that level or rise further. II. External factors coupled with domestic macro measures like weak current account deficit or fiscal deficit are likely to impact the rupee. The US Fed seems to be on course to raise rates.  III. Upcoming elections trigger a bit of policy uncertainty. A cocktail of factors including dollar strengthening, foreign fund outflows, general emerging market weakness and oil would continue to weigh on the rupee.
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives. As one of the most misunderstood practices, yoga has often borne the brunt of being __________ in extremes: of yogis in pretzel-like contortions at __________ end of the spectrum, and young Instagram-led, erstwhile-overweight beach posers ____________ the other. The truth is that yoga is what you want it to be — the ultimate customisable exercise form. For a runner, it may mean lengthening muscles to gain _______________, while for someone who is hyper-flexible, it could be a way of __________core strength. erstwhile-overweight beach posers ____________ the other.
For transistor action (a) Base, emitter, and collector regions should have similar size and doping concentrations. (b) The base region must be very thin and lightly doped. (c) The emitter-base junction is forward biased and the base-collector junction is reverse biased. (d) Both the emitter-base junction as well as the base-collector junction are forward biased. Which one of the following pairs of statements is correct? 
interface Base{ boolean m1 (); byte m2(short s);}

which two code fragments will compile?
1. interface Base2 implements Base {}2. abstract class Class2 extends Base { public boolean m1(){ return true; }}3. abstract class Class2 implements Base {}4. abstract class Class2 implements Base { public boolean m1(){ return (7 > 4); }}5. abstract class Class2 implements Base { protected boolean m1(){ return (5 > 7) }}
In the following question, three statements are given before the two conclusions I, II. Read the conclusions and decide which of the conclusions follow/s the statements. Statements: Some numbers are prime. Some numbers are co-prime. No is co-prime is Composite. Conclusions: I. Some prime is not Composite. II. Some Composite are prime.
If '÷' is replaced with '+','×' is replaced with '-','+' is replaced with '×' and '-' is replaced with '÷', then what will be the value of the given expression? 8 + 5 × 54 - 9 ÷ 3 = ?