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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?
Which institution is responsible for implementing monetary policy in most countries?
In the context of banking, what does the term 'NBFC' stand for?
What does MCLR stand for in the text provided?
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Which term refers to the interest rate at which a depository institution lends immediately available funds to another depository institution overnight?
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What is the main topic discussed in the text?
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Which organization is mentioned in the text that plays a crucial role in monetary policy?
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What is the purpose of a 'DEVELOPMENT LOANS' as hinted in the text?
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Which term is commonly associated with banking that is indirectly referenced in the text?
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The text mentions 'LIMITS ON LOANS' as a concept. What financial aspect does this concept primarily relate to?
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