Which of the following is/are the reason(s) for implementing the Marginal Cost of funds based Lending Rate (MCLR) system in India?
1. To improve the transmission of the monetary policy.
2. To ensure that bank credit is available at interest rates which are fair to both borrowers and lenders.
Select the correct answer using the code given below:
1 only
2 only
Both 1 and 2
Neither 1 nor 2
The main reasons for implementing the MCLR system are: (a) To improve the transmission of the monetary policy; (b) To bring transparency in the methodology of banks to fix interest rates; and (c) To ensure that bank credit is available at interest rates which are fair to both borrowers and lenders.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
International Relations · Easy
If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:
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Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
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A country is said to have reduced the Poverty Gap Ratio from 2010-11 to 2019-2020. What does it imply?
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