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Questions and Answers
What term refers to the rate at which the central bank of a country lends money to commercial banks?
What term refers to the rate at which the central bank of a country lends money to commercial banks?
- Discount Rate (correct)
- Prime Rate
- Deposit Rate
- Federal Funds Rate
Which institution is responsible for implementing monetary policy in most countries?
Which institution is responsible for implementing monetary policy in most countries?
- Central Bank (correct)
- International Monetary Fund (IMF)
- World Bank
- Commercial Banks
In the context of banking, what does the term 'NBFC' stand for?
In the context of banking, what does the term 'NBFC' stand for?
- National Banking and Finance Corporation
- National Bureau of Fiscal Coordination
- New Business Financing Criteria
- Non-Banking Financial Company (correct)
What does MCLR stand for in the text provided?
What does MCLR stand for in the text provided?
Which term refers to the interest rate at which a depository institution lends immediately available funds to another depository institution overnight?
Which term refers to the interest rate at which a depository institution lends immediately available funds to another depository institution overnight?
What is the main topic discussed in the text?
What is the main topic discussed in the text?
Which organization is mentioned in the text that plays a crucial role in monetary policy?
Which organization is mentioned in the text that plays a crucial role in monetary policy?
What is the purpose of a 'DEVELOPMENT LOANS' as hinted in the text?
What is the purpose of a 'DEVELOPMENT LOANS' as hinted in the text?
Which term is commonly associated with banking that is indirectly referenced in the text?
Which term is commonly associated with banking that is indirectly referenced in the text?
The text mentions 'LIMITS ON LOANS' as a concept. What financial aspect does this concept primarily relate to?
The text mentions 'LIMITS ON LOANS' as a concept. What financial aspect does this concept primarily relate to?
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