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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
    With effect from July 1,2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the  [IBPS Clerk 2013]

    A)  MSF Rate System

    B)  Reverse Repo Rate System

    C)  Bank Rate System

    D)  Repo Rate System

    E)  Base Rate System

    Correct Answer: E

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