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Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Consider the following. [Indian Overseas Bank 2011]
    (1) Deposit rates
    (2) Base Rate
    (3) Prime Lending Rate
    Which of the above are decided by the Reserve Bank of India?

    A)  Only (1)                       

    B)  Only (2)

    C)  Only (3)                       

    D)  Both (2) and (3)

    E)  None of these

    Correct Answer: A

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